LPI lithium power international limited

The Ministry of Mining accepted application from CODELCO to extend CEOL, page-291

  1. 2,549 Posts.
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    No, I am not saying that, I am saying the company need to make an announcement that once again re-iterates their position and clears up any of the current speculation.

    Why haven't they done it each time there is a new challenge in the courts?

    The printed quote from the interview was:

    "It is the commission that has to authorize the extracted lithium and for that there must be a system, procedures and today the two companies that are exploiting lithium are SQM and Albemarle. In order to extract this lithium, a permit from the Chilean Nuclear Energy Commission is needed to sell it."

    For me the key parts need to be read in reverse.

    In order to extract this lithium, a permit from the Chilean Nuclear Energy Commission is needed to sell it.

    It is the commission that has to authorize the extracted lithium and for that there must be a system, procedures and today the two companies that are exploiting lithium are SQM and Albemarle.

    This implies to me that this person - who was a former director of the Chilean Nuclear Energy Commission, does not believe LPI have this permit.

    If LPI were fully permitted, why did he not mention them?

    I am saying in lieu of this person not mentioning them, the company should come out to clarify this to the market.

    Go on the record - again.

    Look at what has happened to AVZ. They "had everything in place", but they have been in trading halt for over a year. I do appreciate that corruption is likely at the heart of that saga, but the company is saying one thing, and these government departments are saying another.
 
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Currently unlisted public company.

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