Ann: LIT selects Lycopodium to assist with DFS of LFP plant, page-2

  1. sqe
    6,939 Posts.
    lightbulb Created with Sketch. 3626
    So the PFS used a lithium carbonate cost of $10,000USD/tonne. What is the current spot price?

    The PFS used a location in India for price reasons, and now USA/AU?

    The PFS was marginal in profitability even using below market prices for inputs, and inflated market prices for outputs, and yet they want to "consider" USA/AU? BAHAHAHAHAHA

    Just putting this out there. A VSPC LFP plant will never eventuate! They failed to demonstrate commercial viability at the PFS level using plumped up numbers, and have failed to demonstrate the technical viability of the product. The patent authors left the company years ago, and the key senior staff do not stay with the company. DLG assessing the cathode powders was 2 years ago now, and there has been no other interest since then.

    I like this little side note
    "In a prospectus dated 10 February 2021, Lithium Australia noted a potential for
    acquisition of assets from Johnson Matthey PLC. That acquisition, which would
    potentially have provided facilities for LFP pre-qualification, failed to complete"

    Another idea up in smoke. The ideas this company has put out that have failed to eventuate and end up in smoke is laughable.

    Oh.......and how is that pilot plant for LieNa coming along. Last March, the company said it would be ready by September 2021. It is now April 2022. Where is this pilot plant? Don't tell me its another idea up in smoke?
    Last edited by sqe: 07/04/22
 
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