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