maybe some background:
SEI secured several blocks around where we (PAM) are... in May 2017, about when LCE was at its 2017 highs. They did some work through 2018 and 2019 and made good progress, but the Company’s core focus was always the Mt Carbine Tungsten Mine. In May 2019 SEI entered into a deal with Cronimet to develop the Mt Carbine Tungsten Mine, at this point the LCE price was about half of its 2017 highs. Several months later there were board changes, the Cronimet directors were not interested in lithium. In early 2020 SEI sighted the geo-political climate in Chile for their decision not to move forward, the LCE price was approaching its lows and there was little interest in lithium until mid 2021. SEI’s decision looks to be a function of Board preferences for tungsten and market timing....
Good for us though, as we (PAM) secured now 1000km2 in this highly prospective lithium region...
our chile package is remarkable and entry timing ist just about perfect...
go PAM go ... go Paul go...
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maybe some background:SEI secured several blocks around where we...
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