Sileach on notice!, page-10

This is from an ASX announcement from PLP on 4/11/16  post 20440298

"On 4 November 2016, Lithium Australia NL (LIT) announced to the ASX that it had lodged an “application” with the Supreme Court of Western Australia seeking declarations that:

• LIT’s rights under certain agreements with Platypus Minerals Ltd’s (PLP) subsidiary, Li-Technology Pty Ltd, remain valid; and
• LIT has the ability to exploit its SiLeach™ process in light of those agreements.

Importantly, PLP’s commercialisation of its proprietary L-Max® Process (as discussed below) is unaffected by LIT’s recent application and the declarations seek to clarify the legal relationship between PLP’s subsidiary and LIT only."

From reading this I get the impression that LIT has a commercial arrangement with PLP in relation to SiLeach. Is there some sort of licencing fee to PLP for the use of SiLeach?  With L-Max PLP asks 2% of sales revenue.

This is all getting very murky.

DYOR