LIT Projects & Assets, page-20

At this stage i would be waiting for more concrete announcements regrading the large scale pilot plant study, last two drill hole assay results from Agua Fria, drilling at Ravensthorpe, PLS etc as well as signs from the BOD acting a little more professionally in terms of honesty and presentation, though at the end of the day the overall bottom line lies with the success of their hydrometallurgical tech (Sileach).

Hydrometallurgical techniques for cheaper lithium extraction are being explored by LIT (Sileach), LPD (L-max), as well as AVL, whom currently have a non binding Letter of Intent entered with Lepidico to purchase lepidolite mineral concentrates for processing in LPD's proposed Large scale pilot plant.

With regards to LPD, it's also a wait and see approach. EMH commissioned an independent study comparing traditional roasting methods VS LPD's hydrometallurgical process (L-max) and determined that the capital expenditure and operating expenditure of employing roasting methods for lithium extraction was cheaper than using the L-max tech.

LIT also currently have a 15%(or there abouts) stake in LPD mostly from pre-bid acceptances resulting from the failed takeover.

So plenty of time to think about it, research and such.