I don't know where you get the lithium deposit idea from.
Originally floated as a gypsum deposit hence reason lake McLeod on register.
Mitsubishi haven't agreed to take HPA for batteries but other applications.
Fridays announcement merely linked product to lithium batteries for added safety reasons.
Just as importantly indicated strong chinese interest in the project and that prices appeared to have risen due to additional demand for use in batteries.
An extra $5000 a tonne in the price would add an extra $20m pa to revenues = profit per annum
ATC Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
