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Bullboard - Stock Discussion Forum Lithos Group Ltd N.LITS

Alternate Symbol(s):  LITSF

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... see more

NEO:LITS - Post Discussion

Lithos Group Ltd > Incredible how this keeps punching us
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Post by Pocketfulofhope on Jun 07, 2024 8:08pm

Incredible how this keeps punching us

In the face. .24 close that is alot of ugliness .  Not sure how we crawl out of this one.. who knows where bottom is. This investment for yrs has been nothing but dark clouds.  I just dont understand the collapse.  We go red daily with what seems like the environmental solutions to alot of huge issues.  I dont know what to think. Maybe we have flaws with scaling our tec?  Something is not firing!  Down 31% on a letter of intent - blows my mind.. i thought Ams destroyed all the value here but Lits seems to be more of the same.   Very disappointed with the company's inability to create market support even though we hired multiple firms to promote.  New board members networks haven't improved buying. Scary times here .  at least on the weekend the red stops,   see you again red on monday.. my god..
Comment by kegman on Jun 07, 2024 9:13pm
Could be one firm bailing ir one investor.  No real volume but I agree.  Dollar cost averaging is always scary.
Comment by KozmoT on Jun 08, 2024 11:48am
Investors might not be doing well but if you check out the fine print in "Related Party Transactions" in the last Financial Statements you find that the crew running this scheme are actually doing very, very well ... (cut n paste attempt below) "14. RELATED PARTY TRANSACTIONS Key management personnel compensation The remuneration of the Company’s directors and other members of key ...more  
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