DLC 0.00% 0.7¢ delecta limited

Now I got the order at .05 also. Just under 9 million shares of...

  1. 3,706 Posts.
    lightbulb Created with Sketch. 50
    Now I got the order at .05 also. Just under 9 million shares of DLC. And DLC's 37% owner of PNE looks real good now..................See Below..........

    Now this company would be a "MAJOR" material acquisition for PNE. But don't start any rumors here about this. Just me thinking again. You know the deal, CowBoy Americans..

    http://www.resourcesroadhouse.com.a...ustralia-eyes-port-hedland-for-sileach-plant/

    LITHIUM AUSTRALIA EYE PORT HEDLAND FOR SILEACH PLANT!!!

    Thursday, April 28, 2016
    THE INSIDE STORY: If Lithium Australia (ASX: LIT) managing director Adrian Griffin has his way, the Perth-based company will soon revolutionise the processing of hard-rock lithium ores.By Stephen Bell
    Around the middle of 2016 a pilot plant in New South Wales will begin trials of the company’s trademarked ‘Sileach’ process, designed to recover lithium from silicates without the expensive roasting step that has long been the mainstay of processing silicate lithium ores, including spodumene.

    Due for completion in August, the pilot testing will provide data for a study on a full-scale Sileach demonstration plant to be built in Western Australia, probably at Port Hedland.

    A commercial decision to build that plant, expected to cost about $20 million, could be taken as early as December.

    “We would hope to have most of the data from that series of pilot runs – it will be processing more than one type of material from more than one location – by the end of August,” Griffin told Resources Roadhouse.

    The testing will be carried out at the Lucas Heights facility operated by ANSTO Minerals, a division of the Australian Nuclear Science and Technology Organisation.

    ANSTO Minerals has an intellectual property agreement with LIT as a result of the company this month winning a grant under the Entrepreneur’s Programme run by the Federal Government’s Department of Industry and Science.

    The pilot runs are expected to treat spodumene ore from the Pilbara and mica ore from the Lepidolite Hill deposit, a joint venture between Lithium Australia and Focus Minerals near Coolgardie
 
watchlist Created with Sketch. Add DLC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.