I understand there are two parties (BRZ and Chilean individual based on the presentation on youtube) along with LPI interest. I suspect the individual buy out may be in consideration to accommodate the whole 100% consolidation of interests in the maricunja mine. Individual may not have contributed significantly to develop/progress the mining tenement (may be happy to have the funds given political landscape has somewhat changed).
It may be of interest to an off take partner to have everything consolidated prior to takeover as it becomes easy to negotiate the interest and strategic alignment and ability to raise funds.
just reading tea leaves atm.
LPI Price at posting:
69.5¢ Sentiment: Buy Disclosure: Held
