LIT 27.8% 2.3¢ lithium australia limited

For better or for worse. LPD and LIT are joint at the hip due to...

  1. 334 Posts.
    For better or for worse. LPD and LIT are joint at the hip due to the Court and Take-over action, both initiated by LIT. Until this is resolved, this banter is sure to continue. As long as it is well founded fact and not here-say, I would say all the better.

    LIT are great marketers, I just think they need the technology to catch up as it is certainly not optimised based on the recently released details.
    https://lithium-au.com/wp-content/uploads/2017/02/1649738.pdf

    Answer: LIT have international license... just not for EMH- Cinovec, by LITs own termination. The license exists... it just needs a project. LIT sought the license clarification through the courts. Why would they do this? Maybe for Germany Tin now?
    https://lithium-au.com/wp-content/uploads/2016/11/4366jczh24tpw8.pdf
    https://lithium-au.com/wp-content/uploads/2016/11/1614168.pdf

    Answer: AG has promised to deliver on Sileach. Keep testing until it works. Without it, LIT does not have a lot of prospects as no drilling has been done.

    Answer: Any JV opens up the investment pool for both companies (including LPD/LIT) its an economic thing.

    Answer: (8 - at least) LPD have partnered with the following companies under various agreements:
    LIT - WA
    EMH - Cinovec
    TEM - Brasil
    PIO -Pioneer dome
    LRS - Argentina
    VKM - Reung Kiet
    AVL - Separation rapids
    Critical elements - Lemare

    I think people are super critical because the way things are portrayed publicly by LIT are not the way things really are. For example:
    1.
    ASX: "By mutual agreement" becomes LIT: "Exquisite move to win IP battle"
    https://www.businessnews.com.au/article/Lithium-Australia-executes-exquisite-move-to-win-IP-battle
    2.
    73% Sileach lithium recovery = "The success of Sileach development to date has been outstanding"
    3.
    Halogen = ???

    I hope this addresses your concerns. I DMOR.
 
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