I appreciate your charts, Hoopz. However, I must concur with Gekko that they can be misleading regarding LPI's position, especially when considering the Chile commitment for CEOL for LPI (Stage 2) in 2018. Stage 1 does not require CEOL for said reasons.
GLN faces a particularly challenging situation as a late entrant in the salar. Many competitors have already established themselves and are consuming vast amounts of fresh water, and those competitors will object to GLN's EIA. GLN's EIA application isn't routine; it's anticipated to be a lengthy process with numerous complications. I highlighted this concern several months ago, and I suspect it's one of the reasons the SP has declined so sharply.
Ann: Phase 2 DFS Confirms Tier One Status of HMW Project, page-77
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11.0¢ |
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