LI3 Energy Inc (fka LIEG)

[Dr_Vonschellan]

Those LPI chatters are so preciously cute
I just love the way the LPI chatters are continually yammering on about LPI charts with the trend lines showing the double dipper crossing the black cotangent indicator with the sleeping bear thrusting sideways 14-day averages.
https://hotcopper.com.au/asx/lpi/

Since they are the Boss Man in this NewCo Deal I wish they would instead lobby Martin to just tell us even in rough terms
1. how many tons of LCE we have (ie not the 2012 year 574,000Tonnes),
2. the revised mine life in years,
3. who is building the pilot plant (Posco or Enirgi or both, or who),
4. and how many tons of LCE the Chilean government is going to allow us to export (in theory or in reality).

Albermarle already knows they can export 80,000mtpa of LCE through 2043 from Chile Click Here for February 28, 2017 conference call slide show, see page 6.

All these LPI guys talk about over there on the hotcopper.com chat room is pie-in-the-sky up & up & up stock trading forecasts and esoteric wishful selling-trigger strategies based on non-existant intelligent calculations/spreadsheets. If those Aussie rummies want to be helpful then maybe they could devote some energy to one simple task for us (ie the NewCo "us") now and figure out if the Chilean government is going to also whack us with a 20%-ish export (eg VAT/Royalty/Greasy-Lubricant/Something-Something) Tax which incidentally would never fly now next door in the "new" Argentina who wants to lasso the entire lithium market.

Albermarle paid $60-$70M in royalty/community_payments (something-something tax) to the Chilean government Click Here for February 28, 2017 conference call slide show, see page 18 and still managed to turn more than a mind-numbing whopping 40% EBITDA from lithium operations in Chile.
Wow, we (ie NewCo) should be so lucky to make that kind of EBITDA money also.

And Albemarle is now boldly forecasting to do better in 2017 in Chile than they did in 2016! See green arrow up on page 18.

There are a few things WE really would like to know now in this "LPI/LIEG/MSB" space and I can't believe how much useless gibberish noise is coming from our brothers over in the LPI space. Maybe Bearing could get off their lazy posteriors and appear helpful here by getting some answers on a couple of these basic questions for us.

Maybe Bearing (along with our 2 LIEG executives on the Bearing payroll) could give us LIEG shareholders a straightforward straight shooter webcast detailing our exact position in NewCo/Chile during the next 30 days just like Albemarle is going to do on March 16 for their shareholders Click Here
Now that would be very nice.

The Doctor