LIT 27.8% 2.3¢ lithium australia limited

Here you go- Mexico? Well AG, thats old news (announced last...

  1. 334 Posts.
    Here you go- Mexico? Well AG, thats old news (announced last October).
    https://lithium-au.com/wp-content/uploads/2016/11/43bzjxn3mts6bs.pdf
    And given the recent history, or should I say lack of... there is:
    The gascoyne
    Widgiemooltha Cazaly
    Pilgangoora
    Seabrook
    Lepidolite Hill
    Donelly river
    Greenbushes
    Lake Johnston
    Bynoe
    Kangaroo Island
    Cape york
    Metals Tech Canada
    and now German Tin...

    None of which have tasted the cold hard steel of a drill rig. Compare this with EMH, one target, one resource and although its been a very slow process, a dedicated development team that, in a year, has brought their share price from ~$0.19 (LIT equiv~$0.15) in March 2016 to now +$1.

    Its just another missed target / opportunity. Not to mention the others:
    - Sileach study to be completed during Q4 2016
    - Decision to build a Sileach demonstration plant by Dec 2016
    - Sileach providing an alternative to spodumene processing in the lowest cost quartile
    - Graphite Australia IPO
    - Drilling at Ravensthorpe

    So much potential so little return
 
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