Ann: Lithium Australia - raw materials update, page-7

Wow every location either in its infancy/exploratory stage or a complete no go (or worse, requiring ongoing remediation!). it's bizarre they even "continue to rationalise their holding of raw materials". And what an odd way of phrasing it, "rationalise" their holding. Dictionary defines it as "attempt to explain or justify with logical reasons, even if these are not appropriate". Not exactly confidence boosting that the company itself feels it has to explain why it's still holding these tenements. Far from being the high value mineral resources they have proclaimed in the past. A lot of money wasted.

Anybody see anything positive in all this?
Remediation costs, expired tenaments, absent drilling permits, arguments with JV partners, dud results, not being allowed by partners to do spectroscopy, lots of "seeking a partner to explore the area" (had no interest for years now), and a whole bunch of ongoing expenditures and explaoratory costs on a bunch of 'maybes', all from a company with barely enough money to pursue a tenth of all its projects.
rough. This part of the loop seems dead in the water for now