I was being realistic with 500 Us allowing for state participation in stage 2 . Plenty of companies have political clout in Chile. Codelco is basically going broke and haven’t a clue about lithium. TBH I see this deal falling over as gutless LPI team we’re bullied into sell. Thought they smart getting an extra 7 cents a share. The floor price is in for a major to come in over the top. the blanco holding is not enough to block.
LPI Price at posting:
52.5¢ Sentiment: Hold Disclosure: Held