LI3 Energy Inc (fka LIEG)

[Dr_Vonschellan]

It's time to talk about the 800lb gorilla. The Sentient Group manages over $2.7 billion in the development of quality metal, mineral & energy assets worldwide through its Cayman-based, 10-year closed-end private equity Sentient Global Resources Funds. The Enrigi Group in Toronto headed by Wayne Richardson CEO is a subsidiary of Sentient Group. It goes with saying Enrigi has some serious capital behind it.

On July 21 of this year Enrigi entered into a MOU (memorandum of understanding) with Lithium S Corp in Argentina to construct one of their lithium extraction plants in Argentina (Click Here for MOU). Enrigi's demonstration plant operated for 12 days processing brine from Salar del Rincon in Argentina. An Enrigi lithium extraction plant producing highly concentrated lithium carbonate equivalent and lithium hydroxide in the span of just a few days versus sun-drying evaporation which can take months is paradigm shift in the way lithium miners work these South American lithium Triangle salars. Click Here for demonstration video.

So today we need to ask ourselves one question. How long will it take before Wayne Richardson starts talking to Martin Holland (our new godfather) at LPI about the NewCo JV project in Chile... that is, if indeed they aren't already talking.

The Doctor