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29/05/23
20:28
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Originally posted by horizon3:
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why does it take so long? very simple - because of political ideology in Chile. Money is very risk-averse! I guess there is no other reason why the financing takes so long - the project is outstanding and the world needs the cheapest Li on this planet - brine from Chile (well the only other reason I kind of smell is that management is waiting for much better market sentiment to sell the whole company, they use the same logic for the explanation why we wait with the WLI spinoff). GLTAH - the next months will be tough SP-wise (we have to ride out the storm in the general market, and hope for much better sentiment)
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You mite be right but I think the Chile government has held back LPI. All the lithium company’s are getting noticed due to this as well. I believe we will see offtake offer once, Chile government comes to a conclusion and the offtake will come soon after .