Ann: Lithium Australia Quarterly Activities Report - June 2022, page-3

  1. sqe
    6,939 Posts.
    lightbulb Created with Sketch. 3626
    Even after all the soothsaying from the locals, this thing is still burning through massive amounts of cash. Another $3.2M this qtr. At this rate, the company will have to raise by end of qtr, early next. Keeping in mind that cash position is 30th June, its now 1months later. So expecting a raise end of September into early october.

    https://hotcopper.com.au/data/attachments/4544/4544854-a561c3e8db0b5ac1b894ed4910eb4617.jpg

    The only mention of LieNa is this. So still waiting for equipment "certification"?
    https://hotcopper.com.au/data/attachments/4544/4544866-2bcc8d480af5d3477a87e485377f02ed.jpg

    The company announced on 5th March 2021 the initial test run would be in September 2021 and yet they don't even have accreditation?

    https://hotcopper.com.au/data/attachments/4544/4544880-62ce11f5d79587e472e977302616c1ad.jpg


 
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