Cheers for the insight mate, good to hear from holders who’ve been here longer than I.
the fact they were trying to explore and develop a potential resource for mining while developing a tech that aims to reduce dependence on raw materials was something that immediately stood out as quite odd and contradicting to their recycling business plan to me as well.
Seems like a waste of time, money and resources and not the smartest of things to be focussing on in all honesty when they have something that could be huge once proven. Hopefully the tenements can be sold off for some cashflow if needed.
I note that LPD is capped at 70million whilst LIT remains at a measly 24mil and a greater potential to disrupt the Li industry.
also something that stood out to me is they mentioned being in close ties with DLG one of China’s top 10 battery manufacturers who saw value and paid 8c per share when originally allying with LIT. Would like to see some updates on this partnership and the customers trialling their products.
will be looking for an entry around here, holding up well during a broad market sell off.
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