INF 1.75% 5.8¢ infinity lithium corporation limited

Local opposition, page-34

  1. 3 Posts.
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    I am a local from the city of Cáceres. I know the debate intensely. The claims most of you make are quite far from reality. If this is the information that you believe to understand from the investment prospects or that all of you interpret from the press, or that which the company tells... you are going to make a great investment with your money (irony).

    Just a few examples:

    1) Part of the citizen opposition is, in fact, based on the city's mining experience in the past, which was disastrous. And it is also based on the practices of INF's local partner mining companies, which in localities of the region promised 400 jobs for other mining projects in 2016 and offered ... 6 jobs.

    2) This was a photo of demonstration against the Cáceres mine: https://cadenaser.com/emisora/2018/11/03/ser_caceres/1541255211_161282.html There have been several, and more are planned. The rejection of the mine grows.

    3) This press release against the mine has almost 20,000 visits in 48 hours: https://www.propronews.es/la-destruccion-de-caceres-cronica-de-una-muerta-anunciada/

    4) The platforms against the mine bring together not only thousands of people, but interdisciplinary teams with university researchers, lawyers, etc. Fewer people involved in the region have already obtained a historic victory before the Spanish Supreme Court, forcing to correct an urban project for threatening the environmental environment, which came to be partially executed and now the justice forces to invalidate, even, a regional Act, and to demolish what has been built: http://www.poderjudicial.es/cgpj/es/Poder_Judicial/Tr Tribunal_Supremo/Noticias_Judicial/El_Tr Tribunal_Supremo_confirma_la_ilegalidad_del_complejo_turistico_extremeno_Marina_Isla_de_Valdecanas

    5) In the region there is a long history of mining companies not complying with the commitments or rules of conservation and environmental repair, so the majority citizen attitude is favorable to giving little credibility to respect for current legislation (if it is more profitable to pay the sanctions to extract lithium without respecting the rules, it is presumed that they will).

    6) The city has other economic offers with a better perspective at the level of jobs offered (and related to clean energy without mining), which are already being launched: https://www.elperiodicoextremadura.com/noticias/caceres/ photovoltaic-employment-concentrara-2021_1264904.html

    7) The person involved by the company (the politician that some of you mention) in the defense of the mining project was the leader of a very minority party, has a wide rejection of his old own party, and also that same party is sinking at the national level and local. As an endorsement, I have heard more jokes than congratulations.

    Etc.

    So... If I were you, I would search for a better place to invest...
 
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