Ann: LIT quarterly activities report June 2021 and Appendix 5B, page-5

  1. sqe
    6,939 Posts.
    lightbulb Created with Sketch. 3626
    Yeah right. Certainly does look like a copy'n'paste job. What salaries were these guys on? $400k+ and the best they can do on a quarterly report is Ctrl-C Ctrl-V? Yikes.

    Basically zero update on the Envirostream license application even though it is now 10 months old.

    Zero update on the status of the LieNa pilot plant

    Looks like Sileach is officially dropped from company promo's now.

    And the spend was still $2.2M for the qtr. Even with all the cost cutting of dropping mining, they are still on track for an annualised spend of $10M. So that $11M in the bank will be gone in 12months time, and that is without any expansion plans. That is just to keep the lights on.

    Good luck to holders and enjoy the constant dillution on this thing
 
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