Infinite Lithium Corp (ILI)

[UncleTaff]

Hi Sam Dan

Sorry, only just saw your message. Yeah, it's a by-product credit in addition to lithium, so extra revenue will reduce processing costs even further. You're more than welcome to re-post anything!

More great news today. I was really surprised by how quickly they've started operations at Jackpot. I had suspected that it would be put on the back-burner while Electra remained the main focus, but they really seem to be champing at the bit to develop the full spectrum of lithium formations: clay, hard rock and brine.

An even bigger bonus is that Lithium Australia are also involved in Jackpot. I was hoping they would be, but there was no mention when the property was acquired. Confirmation that testing will be in conjunction with the development of LIT's Sileach processing tech, is fantastic news. Not only will Alix earn a 10% royalty if a similar agreement to Electra is planned, but LIT with Alix as the land-owning partner are clearly targeting bigger prizes in the development of their industry disruptive tech. The BCN/REM caveat in the last news release hints at what the future holds: Nevada Brine, Ontario Hard-rock...they're trying to corner the processing market!

The strategy to me, is that Alix purchase the acreage, LIT provide the funding and expertise to prove up the tech, set up a processing plant / regional processing hub, where locally mined lithium will be outsourced for production. With Alix retaining 35% even when fully jv'd and 10% of the royalties this could be absolutely huge!!!

"Lithium Australia NL (ASX: LIT) (‘the Company’) aims to control the greatest lithium (‘Li’) resource base of any entity worldwide"

http://lithium-au.com/

There are a lot of pretenders in the lithium junior market - failed miners or shell companies securing concessions with no realistic hope of development, just trying to perpetuate their existence. Alix's partnership with Lithium Australia elevates them from the 10 a penny lithium hopefuls, and will soon be taking the next step up from exploration to development.