DLI 2.78% 26.3¢ delta lithium limited

Delta Lithium General Discussion, page-1647

  1. 10,114 Posts.
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    Talk is that DSO will now be off the agenda - maybe its official, I have not noticed.

    Anyway, now that there should be no probs with capex to get Mt Ida into production its my thought that they will want to mine and stockpile feed for the production plants asap.
    Recall too that Min recently took a JV with LIT - this snip from LIT's August 7 ann.

    ◼ Lithium Australia signs joint development agreement with leading ASX-listedmining company Mineral Resources (ASX:MIN) (“MinRes”) related to disruptivelithium extraction technology LieNA®
    ◼ MinRes has extensive operations in lithium and mining services across WesternAustralia, with a market capitalisation of A$13.6bn.
    ◼ MinRes will solely fund the development and operation of a pilot plant up to thetotal budgeted cost of A$4.5 million and provide raw materials for the pilot plantat no cost to Lithium Australia, with Lithium Australia to contribute its LieNA®technology.

    LIT sprukes that their tech can increase recovery from hard rock lithium ores from ~60% to ~90% - and the tech will be offered at an 8% royalty.

    "A House Is Built"
 
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