Codelco are not making the revenue they once did with copper so they have now been ordered to shift some focus to lithium. They would not be in the process of exporing their lithium tenements on the maricunga if they were not interested in lithium. IMO we will see a partnership in 2019. MSB has off salar land for ponds, a licence for old code tenements, eia and dfs. Codelco will use the ceol, their tenements and alot of $$$ to make their deal. Its a win for the Government and the people of Chile. Why wouldnt they? Lpi Shareholders have already suffered the loss after the ceol was issued to codelco so what have we got now to lose?
LPI Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held