As per the announcement, the injunction is on new permits, not already approved ones.
In my opinion and reading of the situation, the injunction benefits LTM because we have so much built capacity already and are being built. so we are already in the game. The injunction can limit others trying to get into the game. I can be wrong so don't hold me up to it.
There is always a risk factor with Argentina. However, their new president seems to be seeking to move towards capital markets; if anything, if this trajectory continues, the risk factor can be reduced. Time will tell.
What I really miss is all the great chartists. They were great at giving perspective on the momentum plays. Charts (momentum) are dictating a lot right now. Hopefully, we get out of all the turbulence in the next few months.
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As per the announcement, the injunction is on new permits, not...
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