Lithium Mr.King!, page-35

We are not arguing with the fundamentals long term, products seem adequate and do have a market to be sold into. That being OHD or Lithium.
How ever the problem, i m having is the time frames of the execution of those projects.
Even to Build that pilot plant, there will be a need for considerable amount of $.
After that, it will take at least minimum of 12-18month of testing and fine tuning.

Then, maybe, maybe real plant will be mentioned and with much much more $ needed to build it.
Unless a serious and Miraculous JV, i don't see it happening in near future. Especially if we are "committed" to 2 other projects....
To much of everything, but not enough of something !

It is moving at snail pace, and quite frankly from previous experiences i d say that the market is taking note of it.
The cash burn is also a real issue, dont hope to see anything significant unless considerable money comes in, usually its at the sh expenses. I ve seen 2 CR so far and not impressed at all with the time frames of their said executions.