I believe the new government is strugling to control the internal conflicts. The votes are 3:2.
We got the CCHEN approval recently but got stuck with the litio tenements.
We can either procced with the old codes tenements which is economically viable. Codelco is facing its own problems as msb/lpi has the best flat land to build the ponds etc.
The Chile government have been trying to expand the lithium sector since 2012. They have the best resouce but so behind to other countries.
I personally think the new presidental office will remediate some how.
Let negotiate a good deal with Codelco and move on with the business.
Li3 fought many times previously but failed as Chile wasnt serious in the lithium sector.
They now realise that along with copper, Chile can dominate in the lithium sector.
It takes up to 5 years for any company to be ready however msb/lpi is 3 years in advance hence they will do whayever it takes to bring msb/lpi onboard.
It is not doom and gloom like many people believe.
LPI Price at posting:
28.5¢ Sentiment: Hold Disclosure: Held
