I read,
Phase 1 was funded by grant, wasnt enough money to solve all the problems, so we start Phase 2 and pump money into that. I wonder if that was in the +$2M LIT budget this quarter?
How can it be that "engineering studies are nearing completion" when,
1. You are still investigating what products will be made
2. Investigating options for recycling reagents
These two item will be critical to understanding project equipment and economics.
Secondly, how can a patent be lodged on Sileach before completion of the MRIWA program- Phase 1, which was to identify and understand the effect of precipitation of the impurities and influence on lithium deportment? Says to me that the patent is based on hocus pokus and not sound / proven chemistry.
Lastly, I find it very difficult to understand how ASIC continue to allow this company to masquerade Sileach as "the only hydrometallurgical process with the ability to recover lithium from all silicates" when quite clearly they havent demonstrated this yet. False untrue and misleading.
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