OMG, this not just good news, its brilliant. Codelco has always been a copper play. This is confirmation that the previous govt failed attempt of derailing foreign investment was never going to work under this government. Having a Chilean CEO with contacts inside the ministry, meant the board knew this from the start. Thus why they pulled the court case on the CEOL. The EIA is only a matter of time. The finance and offtake are a meer few months away. The over supply issues that has been a concern for the lithium market simply dont exist. Demand is rising. On top of that capex is rising across the playing field and our capex is very realistic. HOLDTIGHT because this is going to rocket. IMHO.
LPI Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
