LPI 0.00% 56.5¢ lithium power international limited

yes. I am not trusting the company when they say they are good...

  1. 1,831 Posts.
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    yes. I am not trusting the company when they say they are good to go for stage 1 and that only financing needs to be solved. in reality, the Chilean state with its Socialist ideology is keeping things firmly under control - and we have no choice (and need to stay calm).

    It's Chilean state mining, not financing, that's holding us up!

    https://dfsud.com/df/argentina-china-y-zimbawe-lideran-cartera-mundial-de-proyectos-de-litio
    "Even the most advanced initiative, Minera Salar Blanco, which has a favorable qualification resolution (RCA) and has holdings in the Salar de Maricunga, is still negotiating with Codelco - like Simco - the option to operate in that basin."

    btw: how successful such Socialist state mining is can be seen here:

    "Chile's Codelco at risk of insolvency as debt grows, CESCO report says"
    https://www.reuters.com/markets/deals/chiles-codelco-risk-insolvency-debt-grows-cesco-report-says-2023-08-17/
 
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