Agriculture and livestock is Argentina’s primary export…freshwater.
Nothing to do with politician’s choice…it’s to do with financiers choice.
Sovereign risk causes concern with financiers and other potential downstream partners, necessary to get the project off the ground (or in the ground).
Perhaps this is why LKE is looking for a hail-Mary lifeline from ECA’s.
LKE’s ECA eligibility?
Elections in October, potential default on an IMF loan of USD44 billion, and rampant in inflation of 36% is risk in the eye of the financier.
IMHO
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Open | High | Low | Value | Volume |
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6 | 823244 | 0.049 |
10 | 675611 | 0.048 |
6 | 336829 | 0.047 |
6 | 818069 | 0.046 |
Price($) | Vol. | No. |
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