Fundamentals, page-80

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justdoit7

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04/09/18

19:19

Post #: 35412617
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Originally posted by inside2020 ↑

Production of Sales Maricunga
August 21, 2018 constanza gumucio Coquimbo , Uncategorized

This item expires on: September 27, 2018

SIMCO SpA (hereinafter and indistinctly "SIMCO" or "the Owner"), submits to evaluation the Environmental Impact Study of the Project called "Maricunga Sales Production" (hereinafter, "the Project"), which includes the exploitation of fresh brine from the north-east sector of the Salar de Maricunga, at an extraction rate of 275 L / s; the brines are processed by the method of solar evaporation and subsequent precipitation in a lithium carbonate plant for the production of 5,700 t / year, and, by solvent extraction, 9,100 t / year of lithium hydroxide (equivalent to 14,300 t / year of lithium carbonate), also adding 38,900 t / year of potassium chloride as a by-product. The waste brines from the solvent extraction process - poor lithium - will be returned to the Salar de Maricunga through reinjection wells.

https://www.municipioverde.cl/2018/08/21/produccion-de-sales-maricunga/

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So, SIMCO some random company has already applied for EIA in maricunga... wonder what LPI the most advanced lithium brine blah blah blah is waiting for!! Maybe filling up some forms is too much to ask from such brilliant team of lpi visionaries... they are simply hopeless at following their own timeline... unprofessional bunch of idiot's...

LPI Price at posting: 30.0¢ Sentiment: Hold Disclosure: Held
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Fundamentals, page-80

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