LPI - The Next Lithium Producer in Chile, page-2290

I think you're mostly correct. Chile have done their best to make things as confusing as possible and that's why they are falling behind Aus (and to some extent Arg). I myself have had to go back to old announcements to understand the CEOL/CCHEN situation.

They are definitely in the clear on phase 1, which is massive on it's own. Phase 2 (if it ever happens) will be painful with Codelco involved, but if LPI manage to get it going this thing will absolutely fly with further exploration.

I'd say one of the following is needed for LPI to hit new highs:
1) General market turns bullish and LPI swings up with other stocks (may occur this week, it's already up 10% in a week or two). LPI and Galan generally follow each other when there is no news so if they are within a few % of each other you know it's not an LPI specific issue.
2) The minister responds regarding: https://dfmas.df.cl/df-mas/por-dentro/las-grietas-en-la-estrategia-de-codelco-para-controlar-el-litio-chileno
3) Finance / Offtake.

Perhaps #2 leads to #3? Enough time has passed since October to mean that it could be anytime.