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3.64% 26.5¢ lithium power international limited

Ann: Finance News Network Interview - LPI Corporate Update, page-10

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  1. TheGekko
    1,106 Posts.
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    02/02/19
    12:59
    Post #: 37308834
    The discount in price for a specified percentage of production is in return for a significant increase in its overall lithium production quota.  It is all abount lowering the cost of a key battery development input to encourage downstream investment, given CORFO is the Chilean Government economic development agency.  It makes sense but will not apply to Maricunga.  Our dealings with the Chilean Government are more about the future of Maricunga and Codelco's part in that future.
    LPI Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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