they're all in china

They're all in China with the exception of the switch girl and the Co Secretary
presumably watching product roll out which is the catalyst we need to
stop the SP rout.

Given the AGM is scheduled for the 23rd May, we should get an announcement
in the interim outlining commercial quantities of battery grade li-carbonate
and a first sale of li-carbonate would be cream on the cake making the
the AGM agenda items a 'cake walk".

Fundamentalists should be now thinking:-

grade-quantities-price-revenue- costs -NPAT & EPS rather than speculating about Lit1 or battery factories which are years away from being profitable.

We need the prospect of 17000 ton/P/A & profits of $4K/ton ($68Mil Ebitda) to justify a SP north of $1.10 (last years cap raise) In fact without the recent dilution of the L1 deal & cap raise, $50 mil NPAT would have given 15.5 cents
EPS which could have justified a SP of $1.50 @ a P/E of 10. But, alas, the long term visionaries stymied that prospect for now.

The L1 acquisition may be fine and dandy in the long term, but it simply adds more shares and lowers the EPS in the short term.

With kind regards
Moorookamick