@Timm-Dah I think your missing the big picture here, not only was there 15 mil in cash there will also be another 18 mil coming in from Arena, you have also overlooked LIT's subsiduries BEm, Metalstech and one or two others, i can't remember off the top of my head atm, but, all that LIT's business model is based onisfor the hunt for Li and Li batteries, Sileach to produce the Lithuim and VSPC to produce Cathode and batteries together, i only see the one "sand castle" as you say, the rest of it is to find a resource to feed the process in which i think we have found in WA[FML] big question is will GXY allow us to take over WA[ their backyard] with the rights to Lmax?
The drop in sp is imo from Arena, trying to get their floor price cheaper, look at what Arena does when they recieve their last tranch, P&D x3 of usual buy in from their cn price, but, as long as funds are put to there intended use the MC should be of multiples to what it is atm, dilution no problem as 700mil shares approx after all done, sorry in a hurry but just a tip of the iceberg and much to come in the near future , i suppose all will be revealed in the yearly, GLTA.
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5 | 1257482 | 0.017 |
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11 | 1134713 | 0.015 |
Price($) | Vol. | No. |
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0.021 | 1474604 | 10 |
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