LIT 0.00% 2.2¢ lithium australia limited

Annualised volumes still well below the 3500 capacityYet cash...

  1. sqe
    6,939 Posts.
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    Annualised volumes still well below the 3500 capacity

    https://hotcopper.com.au/data/attachments/4801/4801406-2660e39e236240d4d77d81730563089a.jpg


    Yet cash burn rate remains high. Would have spent $4M cash for the qtr if it wasn't for the sell down of shares. That cash in bank from the "sophs" will be gone within 12 months.

    That LieNa pilot plant, which the company said would be operational in September last year, only just now received "registration" of the autoclave. Unbelievable


 
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