@rokkett ' Pieces' certainly describes the LIT asset list / business endeavours that have been attempted
and accrued over the years. Coming together with this business plan, recycle lithium batteries is still
'pie in the sky' stuff. LIT do not have the intellectual property to refine the battery dust and will always
be reliant on others to complete the recycling. It could become an all OZ process if the asx:NMT process
is established in OZ but I think thats a long way off due to lack of volume. see
"Perth-based lithium company Neometals (ASX: NMT) has executed a binding memorandum of understanding agreement with Germany’s SMS Group GmbH to jointly fund and evaluate the next stage of development work on its proprietary lithium-ion battery recycling technology"
IMO there will not be enough revenue in the Envirostream venture to support the LIT org. as promoted by AG, the so called loop.
LIT Price at posting:
6.2¢ Sentiment: None Disclosure: Not Held
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