Queensland University of Technology (QUT) say they can show LIT (or anyone) how to make lithium batteries similar to those by Tesla within one or two hours.
LIT's recent business strategy is starting to look interesting, especially if the acquisition of VSPC is completed shortly.
QUT's demonstration facility is located on the north side of Brisbane, and VSPC is located on the south side. Hence it is only a drive down the freeway to have a possible discussion about cathodes, recycling and new battery manufacturing.
I think investor outlook for LIT should improve over the next 12 months.
LIT Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
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