Previous posts on water acquisition and desal opportunities. MGT have the same challenge as my cu holding and thèy were granted seawater pipeline 150kil to their mine site in Chile. All circumstances even political and geographical and inground value have similarities.
I'm posting today's ann here so that SH are aware what huge potential there also is for MGT to garnish and sell desal water and havevits own water asset.
"Hot Chili’s second maritime concession application also includes brine discharge for potential seawater desalination operations on the Huasco coastline so that both raw seawater and desalinated water could be provided by a potential water network."
"In addition, the Company is also preparing to transfer its water assets (maritime concession, costal land accesses and water pipeline easements etc) into a new stand-alone water company controlled by Hot Chili."
"These next steps follow positive initial engagement with several potential desalinated water customers in the Huasco valley area as well as several suitable water infrastructure partners. The Company is pleased to be positioning its water assets to potentially generate significant value for Hot Chili’s shareholders. ."
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