I agree with the market hating uncertainty. A stock is certainly punished for this. LPI management keeping shareholders in the dark for months certainly hasn't helped either.
To add to my post I admit that LPI has an advantage as it would likely continue to struggle to get finance for what is a hefty capex for a modest output. Compared to SQM who do not the money to get up and going but need an agreement reached on their licence by 2030.
The situations are different. I do wonder in SQMs case how the agreement will be reached when they also own a tier 1 hard rock deposit that is due to come online soon in Australia, and a 20% stake in another project, also in Australia.
Time will tell. I keep following the news in Chile and I hope for everyone's sake it benefits shareholders in the end.
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