Maricunga will get developed one way or another, and it cant be done without LPI's assets. FTA gives ASX listed companies' protection from Congolese (AVZ) style invasions. I agree the Chilean government have indirectly hindered progress for stage 1, and on that alone we could go to IAC and be successful with a challenge.
I am interested what you value LPI at? Have you compared "for like" sales of brines that have similar economics to LPI? Worth doing that. That is why I buy at these prices.
LPI Price at posting:
23.3¢ Sentiment: Buy Disclosure: Held