SEA rejects the start of the citizen consultation process ... in the Maricunga salt flatelco project, page-18

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mick z

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18/05/20

15:07

Post #: 44682247
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Originally posted by LT_Investor ↑

Chile can not survive without mining and China /Japan / South Korea is looking to expand their network to South America in the recent years.
The political landscape in Chile is not ideal but LPI already got all the approvals in the past 3 years.
The share price sometime does not reflect on reality due to lack of liquidity and traders that defending on their positions. 500-700k volume bring down the share price more than 30% and they keep selling down with little packets of shares.
AGY resource is worst than us, has less cash and marketcap sit around 54M. AVZ only has $10m investment for 10% stake and their marketcap in the 145M etc.
Another note, Codelco already put aside 10-15M USD for their drill campaign for the next 10 months. We just need to wait until they clear all the paperwork with the SEA so we can go ahead to finalise the JV. Give them another 4-6 weeks to sort this out and hopefully we get to hear some good news.
Our Greenbush also got the approval to kickoff drilling in second half, if the resource is similar to LTR, we will hit a jackpot. SP can go up 5-7 time the current level. The benefits weight much higher than the risks at this level.

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Yeah everything will be back to normal next week LT, you better top up now before all the stupido's do.

LPI Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
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SEA rejects the start of the citizen consultation process ... in the Maricunga salt flatelco project, page-18

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Ava Risk Group expands US presence with A$0.7M Substation Deal

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Microcap Wrap: 5 explorers with news out today

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

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Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

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