LIT 10.0% 1.8¢ lithium australia limited

Ann: LIT signs MMD off-take agreement with SungEel HiTech, page-8

  1. 927 Posts.
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    Don't know how many times this false belief about the "only" battery recycler being LIT raises its head but it's just not correct. sick of hearing this same BS over and over
    Patience ? -if a SH you're gonna need a bucket load of that along with deep pockets
    As for this latest story seems LIT have glossed over the original deal with SungEel which quietly sat in the wings since 2019 with no progress
    then there's the numbers- reality is $3.30kg for 300 tonnes MMD over 4 years remains small beer yet they report a possibility of $514K if the Agreement had been in place FY24YTD with some sort of pride
    Don't know what sort of ROI makes these guys excited but as an average observer I'd be thinking a lot more jam is needed on the toast
    Patience ? yep that's it for sure.......
 
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