Emission plasma plume generated by pulsed laser ablation of a lithium solid target by a ruby laser (694 nm, 20 ns, 3 J) was subjected to optical emission spectroscopy: time and space resolved optical emission was characterised as a function of distance from the target surface. Propagation of the plume was studied through ambient background of argon gas. Spectroscopic observations can, in general, be used to analyse plume structure with respect to an appropriate theoretical plasma model. The plume expansion dynamics in this case could be explained through a shock wave propagation model wherein, the experimental observations made were seen to fit well with the theoretical predictions. Spectral information derived from measurement of peak intensity and line width determined the parameters, electron temperature (Te) and electron number density (ne), typically used to characterise laser produced plasma plume emission. These measurements were also used to validate the assumptions underlying the local thermodynamic equilibrium (LTE) model, invoked for the high density laser plasma under study. Some interesting results pertaining to the analysis of plume structure and spatio-temporal behaviour of Te and ne along the plume length will be presented and discussed.