Originally posted by findinggems
Silly question, SDV is in Catamarca, but just near the border of Salta .. and POSCO's SDV norther tenements are also in Catamarca again bordering Salta. Why is the transfer deed being done in the Salta courts ? Shouln't it be done by the Catamarca courts ?
All catamarca tenements were cleared in late December which is the vast bulk of known lithium bearing ground.
There are some piddly tenements in Salta which ironically is the hold up.
My +$0.02
Its a strategic delay to shore up new tech, plans, tax treatment, resist takeover until JV is agreed etc
My -$0.02
Salta wants a piece of the royalty pie and won't get much at the moment because the lithium is in catamarca (albeit POSCO plant is in Salta)
or (takes tin foil hat off) it's just 2nd world judicial inefficiency...
