The Chilean govt. have to decide which way they want to go. State run and controlled resources via a socialist model or a more pro capitalism approach that will encourage foreign investment.
Venezuela, with vast oil wealth, chose a socialist agenda and the economy is in ruins. Nigeria, also with vast oil wealth, chose capitalism but rampant corruption has their economy in tatters.
In both instances the top brass in both countries live in luxury - and that is all they care about.
Can LPI find some common ground amoungst all the political wrangling to get this resource into production?
Time will tell.
The Chilean govt. have to decide which way they want to go....
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