Post by
Tipster2023 on Mar 07, 2023 6:47am
Advance Lithium has Exclusive Rights
Advance Lithium has the rights to use a patent-pending lithium and potassium extraction method for its salars
MD&A "IF" the property is sold
If either the mining rights for the lithium project or the extraction method is sold, 50% of the proceeds will be retained by the Company and the remaining 50% will be paid to Hot Spring.
So "IF" Advance sold the property they only get 50 % of the Extraction method and Hot Springs gets the other 50% for Advance Lithium's Exclusive Right to use the technology.