...from 35 to 50 is not an eye-watering premium? but yes - socialism trying to rob private investors to create "value" for the Chilean ppl. I hope our CEO is closer to LPIs owners than Chilean state mining (and a potential career in state mining).
btw: If this rumour is true, it would also mean Codelco acknowledges that our Li mining concessions are solid. It would be a good outcome for us (and I hope LPI won't accept this low ball offer). It would bring reputation and credibility back, in my view (to LPI).
GLTAH!
LPI Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held