Lithium-ion industry to take centre stage in next five years....

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jackofalltrades

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24/04/18

14:13

Post #: 32657833
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Originally posted by TheGekko ↑

Justdoit, common sense will prevail in regard to LPI/MSB's rights on the Maricunga. They are indisputable and as I have said before, that is why Martin Holland has been so forthright on this issue.

From day one I have seen the previous Government's death throw attempts to give Codelco a piggy-back on the Maricunga as nothing more than a stunt. You just have to look at the conditions attached to the Codelco tender process to see that the LPI/MSB JV was always its target - 2500 hectares of rich lithium brine ground adjacent to 1900 hectares of prime industrial land to site its ponds and processing complex.

I think the outgoing Chairman of Codelco, through his words, has somewhat diffused the Maricunga time bomb for the incoming chair. It is obvious that Codelco has to explore and evaluate its own tenements on the Maricunga before it can advance anything on that salar. It cannot come to the JV party empty-handed, which it has up to this point.

LPI shareholders should take note that this issue is a back story and that LPI is advancing the Maricunga project as planned. Onwards and upwards. Good times ahead.

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Lithium-ion industry to take centre stage in next five years.

20/4/18.

http://www.miningweekly.com/article...ke-centre-stage-in-next-five-years-2018-04-20

LPI Price at posting: 30.0¢ Sentiment: None Disclosure: Held
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