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Lithos Group Ltd N.LITS

Alternate Symbol(s):  LITSF

Metals & Mining Industrial Metals & Minerals
Lithos Group Ltd., formerly Lithos Energy Ltd., is engaged in delivering sustainable lithium. The Company offers AcQUA, which is a patent-pending technology that spans the complete value chain from the conditioning and pre-treatment of raw brines through the direct lithium extraction (DLE) phase into the polishing and purification of battery grade lithium feedstock. The Company has two processing facilities: a 4,000 square feet (sq ft) lab in Denver, Colorado and a 55,000 sq ft complex in Bessemer, Alabama. The Company is engaged in a contract with multiple strategic mineral resource owners and processing brines from the Salars in Chile and Argentina, and the Smackover reservoir in the Southeastern United States. The Company’s wholly owned subsidiary is Aqueous Resources LLC.


NEO:LITS - Post by User

Lithos Group Ltd
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(82)
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Comment by minepicon Apr 09, 2014 10:31am
254 Views
Post# 22429329

RE:RE:RE:RE:RE:It's Time

RE:RE:RE:RE:RE:It's TimeI beleive the news release created an awareness of how tight of a shell the company is.  It only got this tight after a 5:1 rollback.  Another poster mentioned they have no money, so if that is correct any deal they make will require a PP to fund the deal and operations. 20M shares at $.15 would be 3M buck. Some of the 3M would be to purchase the asset and some would be for operations.  I think the company is in a good place to find the right deal and I have not heard of any rumours.
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