LIT 5.00% 1.9¢ livium ltd

News: LIT Lithium Australia NL Announces Renounceable Rights Issue To Raise Up To $6.5 Mln, page-21

  1. 1,167 Posts.
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    I never said it was gospel. In fact, I have repeatedly said I would be happy to be corrected and even said you made a good point about DLG. Don;t take my word as gospel. I'm encouraging people to find the information that would demonstrate the company is onto something solid.
    My agenda is the same as it is one any thread. To share my views, and have my view swayed by others if they can provide robust reasoning. With LIT, my research has led me to a negative view, and people's posts haven't altered that in the slightest. All I have seen is overly optimistic, vague references to the potential LIT or a certain industry has (like recycling). But nothing concrete about what the company can do at all. Nothing that shows the operation is even viable if the tech even did work.

    The collaboration with ANTSO isnt shady. It is just that they get government funding for producing results, so naturally they have an optimistic take on their potential. This means they are a biased source and not 'independent'. I'm one man, im not gonna take a multi-million dollar business to court for false advertising. LPD took up accusations of fraud with LIT, and LIT settled outside of court... make of that what you will, but they certainly didn't prove themselves innocent. AG's actions might not constitute fraud in a legal sense (im uncertain), but they are certainly deceptive. To claim patents have been accepted, when most were rejected is deceptive. To play with words and say you don't 'use' HF acid, and make full announcements about it, when you know that you produce HF acid and rely on it for your process and the novelty of your patent is deceptive. I'm not gonna take them to court, but calling them out here for deceptive behaviour is my way of putting up.
    (btw it is 'put up or shut up'. Telling me to put up is telling me to make my case)
    Last edited by rayien: 12/06/19
 
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