Ahh, my bad. I used the wrong LIT acronym. Its hard to keep track of them all. How many LIT acronym's are commercialised?
Anyway, back to LieNa. So the guy who invented the process left the company years ago and moved over to the then GXY. So the brains left the building. LieNa is now 5+ years old. Shareholders were told that the pilot plant would be operation in September 2021, its now Jan 2022, and all they get is "under construction"? And you are happy about this as a shareholder?
Where is it being built? What is the plan for testing? What is the planned throughput? What is the capacity? Who much caustic reagent is required? Have they sourced spodumene yet? If so from where? Does the spodumene have to go through a pre-treatment process? If so what?
Shareholders literally know nothing about the process. Constantly kept in the dark about details. How can anyone INVEST in a company where shareholders are constantly kept in the dark???
LIT Price at posting:
13.3¢ Sentiment: Sell Disclosure: Not Held
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