Chile government intitiatives to expand their copper production in the Atacama region which take priority over lithium therfore the water use will give to the copper mines.
I strongly believe they will shift the lithium focus to the Maricunga region and Codelco will play a big part.
Whether or not spinning off the WA assets, LPI needs to kick off their drillings which anticipates in Q1 2019 so let wait.
I must admin they spent more $$$ on admin costs than drillings
LPI Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held