Looking at their resources and production quota, it looks very inferior to LPI.
If we can sort out the EIA within 6 months, it is likely that we have to partner with Codelco to fast track development.
Overall it is good news for the Lithium miners in Chile especially in the Maricunga region.
The market have been waiting patiently for LPI to make announcements. They will not sit and do nothing when you have two new boards that have lot of connections and influence in Chile.
LPI Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held