@astavrou1 - In financing NPV normally refers to "before tax". NPV assumes a 50% leverage. On a "100% Equity Basis", the NPV is US$1.286B, providing an IRR of 23.8% and a 4.1 year Payback, which is exceptional... Especially now that we have a DFS completed by a renowned engineering company that ran quoted prices on conservative numbers.
Where is LPI "binded in the court", and how are the Chilean government "hostile"? Especially after LPI and its partners were awarded Chilean Nuclear Commission (CCHEN), that allows for the extraction, production and marketing oflithium products from the project from its grandfathered concessions.
There is not indication that Chile want to "Nationalize" the Lithium industry, actually on the contrary, Chile wants international investors to invest in Chile: https://investchile.gob.cl/government-presents-investchile-its-new-foreign-investment-promotion-agency/
SQM breached their contractual obligations that they had on water usage. We no longer live in the 1950's where mining companies can operate like rogue agents, and the Chilean government picked them up for this. BTW, to show the support of the Chilean government for LPI's project, the infrastructure, including water rights, are secured through long term contracts forproject construction and operation. Access to the National Power Grid has been granted bythe Chilean authorities, thus future power supply is assured.
In all the Chilean government has given LPI/MSB massive support in the Maricunga.
LPI Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held