LU7 6.25% 1.5¢ lithium universe limited

Ann: Quarterly Activities Report & Appendix 4C, page-15

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    Also have to remember Cameron Adams (person who has experience in global and rapid growing technology) only joined at end of last year so in 6 months and since then they have reduced operating costs to less than 1/2 whilst still making a record qtr which beat all 2019 revenue.

    He also wanted shares instead of cash payment so he sees good things here and board is turning the ship around.

    We all thought the qtrly would be nothing much but yet record qtr and massive reductions with no CR for over 12 months - all off low revenue but the last 3 qtrs has been 11k, 25k and now 61k so all increasing with cost decreasing from each of these qtrlys.
 
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