I think the main problem for the JV is Chile itself, they have done nothing to help this project to go forward.
American Airlines have now stopped flights to Chile and other countries, covid is out of control now.
They are now trying to classify lithium as water now. your can forget about our water rights as this will change.
Not one new lithium mine has started up in Chile in the last five years.
It would be high risk for any financial institution to loan our JV any funds, if it was that easy we would of had the funds by now.
Can't even get a state owned company to partner with us, why?
There talking about lifting royalties from 3-13%
Codelco stone walled the JV. they knew exactly what they were doing, they have been doing this with Li3 since 2012.
Riots not a good look, the government has lost control of it's people.
The President of Chile likely to face the world human rights committee over the tactics use on the protesters.
Chile is a communist country, do as your told or else.
75% of the country is locked down even though they have one of the highest jab rates in the world.
LPI/MSB and the BoD = hopeless
LPI Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held
