Mick, the Chilean Govt has made it clear after recent environmental issues at or near to the Atacama salar, that is going to apply more stringent regulation of environmental impacts. Most analysts have indicated there will only be one or two major lithium brine projects at Maricunga and LPI/MSB is definitely in the box seat on that front. I see Codelco joining the party at Maricunga at some stage, either as an equity investor in our project or with a separate adjunct project.
Time will tell. Patience required.
LPI Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held