Australia's largest stock trading and investment forum Australia's #1 stock forum

LPI

Click for more information

0.00%

56.5¢ lithium power international limited

LPI - The Next Lithium Producer in Chile, page-3161

First 3161 Last

Share
Profile

Follow
littlerabbittrading

373 Posts.

24

21/04/23

07:41

Post #: 67387129
Share

Originally posted by ChasingProfits: ↑

Codelco in early talks with prospective partners for northern Chile lithium venture
Bloomberg News| April 20, 2023 | 1:53 pmBattery Metals Top Companies Latin America Lithium
The Maricunga lithium project sits on its namesake salt flat, Chile’s second-largest in terms of reserves. (Image courtesy ofLithium Power International.)
Codelco is in early-stage talks with prospective partners for a lithium project in northern Chile as the country with the biggest reserves of the battery metal strives to boost output.
As it wraps up an exploration program this year at the Maricunga salt flat, Codelco has been contacted by several companies, Chairman Maximo Pacheco said in an interview from the state-owned copper giant’s Santiago offices.

Hmmm I wonder who that could be…We are in the front row seats to be the first company to be signed up as a joint venture with Codelco. Let them fund 30% for equity in the project and then watch the financiers come flocking in for the other 70%. Once the government via Codelco secures a stake in our project then it is all systems go towards production. Exciting times to be a LPI holder. Cheers, CP.

Expand

this was my hopeful line of thinking also.

LPI Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

EVG

Evion Group to ink first $2M from sales of expandable graphite to Europe

BMO

Bastion picks up historic samples grading up to 9.88% Cu from ICE Copper project in Canada

RBA holds rates as ALP election campaigning kicks off – expect more political focus

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 170 more messages in this thread...

First 3161 Last

Add LPI (ASX) to my watchlist