Friday's announcement that reserves will be three times greater than was previously reported did not excite the market. WHY?
Because in the 2005 Annual Report it was stated that there were 127 years of Lithium Chloride reserves and 220 years of Potassium Chloride reserves.
Who really cares if these reserves will triple?
Shareholders want evidence of timing of production, real exports, profits and shareprice increasing.
These announcements have the attribute of one being on a drip feed!
Contracts please Phil!!!!
reserves at rincon salar
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