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Tesla knocked off the golden pedestal
Tesla is just another car company in 2023
https://www.businessinsider.com/tesla-just-another-car-company-discounts-rentals-stock-2023-1
Dear Elon, ohhhhh so sorry to hear Tesla is just another typical car company now... but at least you and your newly-reamed shareholders have plenty of twitters to eat every day now.
The Doctor
Chinese_getting oil_from Taliban_ragheads... lithium will be_next
https://edition.cnn.com/2023/01/06/business/china-company-taliban-oil-deal-hnk-intl/index.html
Once the Chinese lock-up the lithium in Afghanistan the lithium-squandering Chilean government is really going to be in a pickle as China takes a "let-the-good-times-roll" shine to the Taliban with their rich "free from all the typical leftist/commie beaner clusterfockingbullsheet" mineral resources. Plus the Taliban won't be forcing China to add a half-dozen lesbian/dyke engineerettes in "make work" profit-killing cushy salaried redundant jobs for every tonne of lithium the Chinese extract from Afghanistan.
The Doctor
Dear LPI-HotCopperites, continue_in silent mode_and the_SP will_rise
LPI UP 4.71% at 2:00PM Sydney Friday.
The Doctor
ENAMI pretending_to be_a real_lithium company_now
https://www-reporteminero-cl.translate.goog/noticia/noticias/2023/01/se-constituye-enami-litio-spa?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en
Oy vey! The rats are abandoning the copper ship and jumping over onto the lithium ship as fast their scruffy flea-bitten little rat legs can carry them.
The Doctor
Climber18,_excuse me...when did_I ever say_I could make_anyone
feel positive about LPI shares? I have never had a good feeling about LPI that I can remember... but just to be sure I will go back and check my old notes.
The Doctor
Climber18,_the only_significant pressure_effectively put_on this_godforsaken
two-bit extortingfocking miserable leftist/commie government from the recent pump on new lithium mining potentials such as Cleantech https://www.mining.com/cleantech-lithium-hails-chile-project-potential/ and in part by our LPI "Consolidation" occurred January 4 when Anti-Mining Minister Marcela Hernando endorsed a new congressional bill that would delay implementation of some "sweetheart" tax exemptions for miners which may give us some minor advantages on depreciation of equipment purchased but not fully "used up" https://radioallen-cl.translate.goog/pais-comision-de-hacienda-despacha-a-sala-proyecto-que-pospone-los-efectos-de-la-ley-21-420-para-el-sector-minero/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
For more info on Law 21,420 affecting mining click here and scroll down to item 6 in the law.
As far as I can tell this is the only positive thing the Ministry of Mining has done for the mining industry in the last 9 months.
Ideally we need Codelco (and those slimy parasite fakes at ENAMI) to officially file for bankruptcy and the tax collector (Mario Marcel) to start seriously crying to Mommy's Boy Gabby Boric that the "sky is falling" on tax revenue collections owing to more businesses closing up shop in Chile and moving to Argentina/overseas https://www.latercera.com/pulso-pm/noticia/creacion-de-empresas-cae-mas-de-20-en-octubre-y-registra-su-menor-nivel-desde-febrero-de-2022/TM4FKQHULRGJZHIXKVMUBUV53E/
Given the next presidential election is still 3 years off, Chile needs to suffer a complete Venezuela-style economic collapse before us miners can begin returning to prosperity as Neo-liberal free-enterprise policies get re-instituted in emergency session to save the country... and the sooner it happens the better off we will all be.
The Doctor
PS, Dear ENAMI, fire all the pussified men still on your dwindling payroll and hire Marcela Hernando's lesbians/dykes to replace them.
Climber18,_those PR_blurbs are_just new_paid shotgun_blasts by_LPI
to sell additional shares to newbies unfamiliar with Chile/Maricunga and artificially raise the SP (share price). Those pictures in the paid articles are Getty-like stock photographs of test drilling operations on the Lithium Chile Inc site from 2019 if my Google Image Match finder is correct, and I seem to recall seeing them 3 years ago when researching LCI's near-Bolivia lithium salar... those dirty workers in the pictures are not even ours.
Nothing has changed.
The Doctor
Dear LPI-HotCopperites, have_noticed that_when all_of you_just STFU
that your share price goes up?
LPI Up 6.17% at 1PM Sydney Thursday January 5
The Doctor
President Máximo_Pacheco: our_Codelco Maricunga_property has_water
footprint problem for us completely incompetent mañana-mañana beaners https://www-nuevamineria-com.translate.goog/revista/maximo-pacheco-llegamos-tarde-con-los-proyectos-estructurales/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US (see last paragraph)
Dear Máximo, we NewCo Maricunga shareholders like you as a person... but Codelco... can gofockitself. We have no sympathy for Codelco after the shaft that pipsqueak Nelson Pizarro shoved up our butts for years while he was in your position.
We all hope Codelco goes bankrupt.
The Doctor
PS, Fire all the men at Codelco and hire Anti-Mining Minister Marcela Hernando's lesbians/dykes to replace them.
Chilean_Media saying Codelco_"stalled" in_Maricunga
How embarrassing for Codelco and the anti-mining Minister Marcela Hernando is this sad situation/outcome?
https://www-biobiochile-cl.translate.goog/noticias/economia/negocios-y-empresas/2023/01/04/minera-salar-blanco-iniciara-proyecto-de-litio-en-el-norte-mismo-lugar-donde-se-estanco-codelco.shtml?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
I like BioBioChile's perfect choice of words to describe Codelco's current (and hopefully future) progress in Maricunga.
The Doctor
Horseshitold_stock worn-out photo/verbiage to_sucker in_more
gullible investors https://www-nuevamineria-com.translate.goog/revista/salar-blanco-inicia-obras-de-proyecto-de-litio-por-us-700-millones-en-maricunga/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US
None of the workers in this photo (which is NOT a ground-breaking ribbon-cutting celebration photo) are LPI executives/management... they are just some "toothy good-smiling" beaners pulled in off the street during one of the years' past exploratory test drilling photo-ops. The test drilling days are long over. Today we need to see (and should be seeing) instead photos of beaner workers pouring the concrete foundation on a lithium processing plant which is 4 years overdue.
Nothing new here to see amigos.
The Doctor
PS, It has been over a week since "consolidation" and LPI still hasn't bothered to convert our Bearing shares into LPI shares... typical ozzie incompetence. Us Bearing shareholders are frozen out of trading this pig in an attempt to keep the SP artificially elevated.
Aclara_Provides 2022_Review and 2023_Outlook
https://investingnews.com/aclara-provides-2022-review-and-2023-outlook/
On paper this all sounds reasonable, logical, and pragmatic for developing this project along fundamentally good ESG (Environmental, Social, & Governance) guidelines in an ideal capitalist-loving free-enterprise country but I have spent the last 10 years invested in a Chilean lithium mine near corrupt slimy leftist-controlled Copiapo (reference stab-us-in-the-back ladies-man beaner Governor Miguel Vargas) in Maricunga Chile that has yet to sell even one kilogram of lithium and to think Chileans are anywhere even near being reasonable, logical, and pragmatic is a total freaking waste of time. If you are not fighting right wing fascists in the real & shadow government dead set on killing your project through government regulation/bureaucracy to protect the existing old world upper 1% ultra-wealthy elites/class of white Spanish descent who control powerful existing claim-jumping mining companies then you are fighting left-wing commies intent on nationalizing your new mine a few minutes after you have spent all your seed/start-up money perfecting the research/engineering/pilot-plants plus corralling all the free-loading eco-terrorist flat-out extorting cocaine snorting indians (Mapuche, Colla, Camar etal ad nauseam) to get their sign-offs after they have been fully 110% satiated through bribery/kickbacks.
If the Aclara "Outlook" writers could next address in their Penco plan how they actually intend to satisfy all the corrupt conniving thieving foot-dragging government bureaucrats in the current leftist/commie anti-mining government led by commie-loving Mommy's Boy Gabby Boric and Anti-Mining Minister Marcela Hernando along with their plan for getting the locals (eg bloodsuckers, freeloaders, moochers, dopers, part-time eco-terroist indians descendant from Russian Inuit/Eskimos hundreds of years ago) to even allow this project to begin to go forward on their "tribal lands" (aka sacred junkyards/landfills) then we potential/future shareholders would indeed greatly appreciate this additional "direction/input" also.
https://www-mineria--pa-com.translate.goog/noticias/confirman-interes-de-tesla-y-toyota-en-proyecto-tierras-raras-de-chile/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=nui (see last paragraph).
The Doctor
PS, and what is the timetable for securing a nearly-impossible-in-this-sheethole-country SEA approval?
Tesla_bending over_for the_green weenie from_Piedmont
https://fortune.com/2023/01/03/tesla-lithium-higher-prices-electric-vehicles/
Elon Musk needs to up his lithium purchase agreement by 125,000mt and the price is going to float with the going (spot) market rate.
Dear Elon, instead offocking wasting your time on that stupid Twitter BS this past year... you should have been buying NewCo in Chile to help on securing lithium for Tesla which WAS your actual real moneymaker.
Tesla TSLA down 13.82% 2:00PM ET NYC Tuesday.
The Doctor
Taiwanese_Foxconn getting_into EV manufacturing_business
with pickup truck and crossover hatchback https://techcrunch.com/2023/01/03/foxconns-evs-will-be-built-with-nvidias-self-driving-toolkit/
Gosh I wish we were a lithium miner and able to supply Foxconn... with just Foxconn as our client we would all be rich.
The Doctor
Wealth_Minerals Ltd_trying to_get LCE license_using Finance_Ministry
https://vnexplorer-net.translate.goog/empresa-canadiense-se-reune-con-hacienda-para-intentar-ingresar-a-la-industria-del-litio-s6913186.html?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
as opposed to working with the deaf dumb blind at the Ministry of Mining currently run by horse'sass Anti-Mining Minister Marcela Hernando who can't be bothered by anything to do with new mining unless it involves her #2 worn-out priority of chasing bogeyman El Diablo Safety https://www-nuevamineria-com.translate.goog/revista/ministra-hernando-la-seguridad-siempre-sera-una-prioridad-para-el-sector-minero/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US which she does every second week since March 2022 alternating weekly with her first priority of packing neophyte lesbos/dykes from her leftist political team into heavy-handed make-work redundant jobs in Codelco associated mining companies.
Wealth Minerals Ltd knows Minister of Finance (Treasury) Mario Marcel. I wish we knew Minister of Finance Mario Marcel... but alas, our ozzie management barely know how to tie their shoes in the morning.
The Doctor
If_Gabby Boric_french kisses_Lula during_their first meeting_then
we in Chile "by association with Gabby" are all all screwed/poxed for the next 3 years https://www.telesurenglish.net/news/Lula-da-Silva-to-Meet-Six-Latin-American-Presidents-20230102-0002.html
Let's all watch the newsreels to see if Gabby can restrain his deep seeded urges to give Lula tongue on their first public meeting.
If Gabby Boric does french kiss Lula then LPI will drop a good 5% on Tuesday.
The Doctor
141,000_less people_paying into_the national pension_fund
https://vnexplorer-net.translate.goog/deterioro-del-mercado-laboral-afp-registran-casi-141-mil-cotizantes-menos-entre-enero-y-octubre-s6886122.html?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Dear Mommy's boy Gabby Boric, you and your greedy conniving kickback-looking commie comrades are killing off thousands of good paying jobs and putting more young people on the unemployment rolls... soon you will have an insufficient number of young people to pay into the national pension fund and all those old retired (but still voting) geezers counting on their monthly stipends to eat are going to be super pissed at you along with your leftist rob-Peter-to-pay-Paul commie buddies which will translate into less votes for you commies in 2026 and then it is adios to you naive/clueless Marxistfockups.
The Doctor
Ganfeng_is officially_a lithium miner_in Argentina_today
https://miningpress-com.translate.goog/nota/352555/el-gran-2022-de-ganfeng-lithium-y-su-proyecto-mariana?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
This Ganfeng inauguration celebration just as easily could have been with us in Maricunga Chile.
The Doctor
Undersecretary_Willy Kracht_wants transparency_blah blah_faster
communication blah blah with more more blah blah blah in mining matters blah blah and Chilean governmental horseshit/red-tape/clusterfocking https://miningpress-com.translate.goog/debate/352527/willy-kracht-mineria-en-tiempos-de-inmediatez?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Dear Willy, clearly you have your hand raised and you are pointing your finger at us junior miners to be even more transparent/proactive but look at your hand amigo... four of your fingers are pointing back at you and your boss that useless tit-on-a-bulldyke Anti-Mining Minister Marcela Hernando with her no-growth agenda. If you can get her removed from office and you take over her position then we junior miners can give you all the transparency plus active cooperation you could possibly want. You beating your gums today with this latest fluff piece in Mining Press accomplishes nothing. the Ministry of Mining needs to produce something tangible for miners starting with the charter on the NLC (National Lithium Company) which should have been published 30 days after Boric took over as president. Also, where is Marcela's plan for awarding new LCE export quota licenses to lithium miners which she helped Miguel Vargas kill (ie the Pinera/Jobet tender plan) back in May 2022 in the leftistass-kissing Copiapo Court of Appeals?
You need to start earning your salary in the Ministry of Mining and physically producing results... these willowy fluff pieces you have been writing for the last 6 months like today's op-ed accomplish nothing for us miners.
The Doctor
================
Ultimate_insult: India_to pursue_lithium in_Argentina, fock_Chile
https://miningpress-com.translate.goog/nota/352513/los-planes-de-india-para-desembarcar-en-el-litio-argentino?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Is there any wonder why the Chilean labor market is deteriorating? https://tendenciashoy-cl.translate.goog/mercado-laboral-sigue-deteriorandose-creacion-de-empleos-se-desacelero-en-el-trimestre-agosto-octubre/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
... it is because this Mommy's Boy Gabby Boric government is not creating any new jobs starting with good-paying mining jobs..
In Chile we have an Anti-Mining Minister constantly yammering about putting women in "make work" cushy mining jobs and constantly babbling on about safety https://www.portalminero.com/wp/ministra-hernando-la-seguridad-siempre-sera-una-prioridad-para-el-sector-minero/ but who can't be bothered one iota to create any new real mining jobs by helping new junior miners physically get permitted up and running.
Getting India to open a new lithium exploratory mine in Chile (instead of Argentina) should have been an easy simple basic feat to accomplish in thisshithole country but no... Boric and Anti-Mining Minister Marcela Hernando have crapped on that simple possibility in Chile from Day One starting on Inauguration Day March 22, 2022.
The Doctor
A_bit of_history on_Aclara as_born from_Hochschild Mining
in 2021 https://www.mining.com/hochschild-to-spin-off-chilean-rare-earths-project/
Going back to 2019 we can see Peruvian miner Hochschild's reasoning for initially buying (US$56M) this project in Chile
https://www.mining.com/precious-miner-hochschild-taps-into-rare-earths-with-chilean-acquisition/
which appears to be sound/logical.
The Doctor
Avocado_farmers say:_Hey you_knew I_was a_snake when_you first_let
me farm avocados in Chile https://www.cnn.com/2022/11/22/americas/chile-petorca-drought-intl-latam
so now when all the water in Chile is gone you need to blame it on the lithium miners... not us avocado farmers (aka water rapists).
Sincerely,
The Avocado Farmers of Chile
Chinese_Tsingshan pumping_another US$770M into Argentina_lithium
https://www-redimin-cl.translate.goog/china-avanza-con-inversiones-en-litio-en-argentina-y-se-posiciona-como-socio-mayoritario/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
It just boggles the mind to think how much hot lithium money is whizzing right overshitholeChile and landing instead in Argentina.
The Doctor
OK,_here we_go. Let's_ get ourselves_up to date_rapido on Aclara.
Aclara website https://www.aclara-re.com/
February 2022, 99% of the locals in Chile are not in favor of this Penco project being built in Chile so this is a huge ballbuster right from the git go.
https://www-mineria--pa-com.translate.goog/noticias/confirman-interes-de-tesla-y-toyota-en-proyecto-tierras-raras-de-chile/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=nui
December 1, 2022, Aclara provides an update on the mineral resource estimate at the Penco module project
https://uploads-ssl.webflow.com/6267a587be31507747a1c8b6/6389063555ad0e806376eae3_Aclara%20Penco%20Resource%20Update%20PR_2022Dec%20(29.2Mt).pdf
December 13, 2022, Aclara provides an update on its Greenfield exploration plan
https://www.accesswire.com/731579/Aclara-Provides-an-Update-on-Its-Greenfield-Exploration-Plan
and/or https://www.stockwatch.com/News/Item/Z-C!ARA-3343175/C/ARA
December 27, 2022, Tesla, Toyota interested in Chilean REEs
https://www.mining.com/tesla-toyota-interested-in-chilean-rees/
Now we start our due diligence... unfortunately we know all about Chile and the associated graft/corruption/bureaucratic-thievery/extortion in this two-bitshithole banana-republic having previously invested in Maricunga lithium (NewCo/LPI/Bearing) already so let's check that box off right now on our DD list first. .
The Doctor
The_next meeting/discussion message_board for_Maricunga now is_LTHHF
https://investorshub.advfn.com/Lithium-Power-International-LTHHF-35894
I am assuming our BLILF shares will simply be converted into LTHHF shares. The BRZ shares might be converted into LPI Canada, if so, then I will make a iHub message board for that group.
The Doctor
Codelco_digging themselves_deeper into_theshit
Dear Codelco, fire more men in management and hire more women to run things... that will straighten things out.
https://www-redimin-cl.translate.goog/crisis-en-codelco-apuntan-a-atraso-en-proyectos-estructurales-y-gestion/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
The Doctor
$7,500_tax credit_for EVs_start in_2023: How_will it_work?
https://thehill.com/homenews/3788776-7500-tax-credit-for-evs-start-in-2023-how-will-it-work/
More clarification to come in March 2023 but this is a good start.
The Doctor
Antiquated_ENAMI thinks_it can_clean up_itsshit_and get_into the_lithium
business (after first sucking some more preferential sweetheart loans out of the government to pay down its long-failing finances) since only Codelco & ENAMI can get the much-sought-after rare CEOLs in thisshithole country. https://vnexplorer-net.translate.goog/enami-pone-fichas-en-una-nueva-fundicion-y-en-la-explotacion-de-litio-con-privados-s6749857.html?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Every fat bloodsucking parasite in Shile (Shile =Shithole + Chile) wants in on the coming lithium bonanza and now ENAMI officially makes known its newest plan/scam/hook to get its piece of the pie. Of course up until now ENAMI hasn't invested one red peso in lithium exploration or development but they want you to overlook that minor oversight/shortcoming today and treat ENAMI like a long lost uncle (with a mild case of Alzheimer's disease) happily returning to the fold to share the family wealth/inheritance.
The Doctor
SEA_rejects new_wind farm._Senor Green's_bill apparently_not paid in_full
https://www-reporteminero-cl.translate.goog/noticia/noticias/2022/12/sea-rechaza-parque-eolico-araucania?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en
Dear Gringo Wind Farmer, welcome to Chile and now bend over a little bit more for your full induction into Chilean business here in Shile (Shile =Shithole + Chile).
The Doctor
SQM_kicking its_charm offensive_up another_notch
SQM in its 25th year producing lithium
We will need a miracle to compete against these guys.
The Doctor
It's officially over... RIP Bearing
https://www.globenewswire.com/news-release/2022/12/22/2578875/0/en/Bearing-Lithium-Announces-Closing-of-Maricunga-Project-Consolidation.html
Goodbye
The Doctor
Chile: Frock Jewish bankers/investors
Chile to Open Embassy in Palestine https://www.telesurenglish.net/news/Chile-to-Open-Embassy-in-Palestine-20221222-0009.html
Like I said in earlier posts... It is one step forward and 2 steps backward overall for Chile with this childish gullible naive Boric and just to appease commie ultra-jew-hater Recoleta Mayor Daniel Jadue north of Santiago.
Dear Mommy's Boy Gabby Boric, how much money has Palestine invested in Chile over the last 10 years? What's that you say? Zero? Yeah, that's about right.
The Doctor
Boric_government begins_typical beanerclusterfocking Royalty bill_anew
https://www-nuevamineria-com.translate.goog/revista/senadores-acusan-descordinacion-del-gobierno-y-se-cae-votacion-del-royalty/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US
do you ever wonder why Whitey/gringos now call Chile a typical beanerclusterfocking 2-bit banana republic since March 2022? Every higher-thinking homo sapien with more than half a brain now sees these leftist monkeys in the Chilean government as a bunch of 1-step-forward-and-2-steps-backward donkey imbeciles.
The Doctor
Foot-draggingfaggotlimpdick japs_at Mitsui_ecstatic over_TPP11 signing
https://www-bilaterals-org.translate.goog/?gobierno-formaliza-ingreso-a-tpp11&lang=en&_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
"Better late than never" as they say in Japan.
The Doctor
PS, "So how about finally coughing up some good faith money for the Maricunga lithium youass-dragging penny-pinching nips now that you have got your international guarantees/protections/prophylactics?" as us beaners say in Chile.
Lula_and Putin_discuss Brazil-Russia Strategic_Partnership
https://www.telesurenglish.net/news/Lula-and-Putin-Discuss-Brazil-Russia-Strategic-Partnership-20221220-0014.html
Dear Mommy's Boy Gabby Boric, what do you want to bet these two thieves were talking about taking Chile's lithium in cahoots with Venezuela, Cuba and Bolivia? I will give two to one odds they were talking/plotting about Russia nicking your lithium next year in one of their sidebar discussions.
The Doctor
They_still hold_shares. They_only gave_up their token_board seat in_Bearing
after our last dilution plus the retirement of the Korean guy in/for Chile (plus the subsequent pissing match over zero/pretend progress onsite being billed (un-audited) to NewCo by the ozzies) that is if memory serves me right. I can't recall all the boring/niggling/sordid details just now without digging back through my written meeting notes which I am not in the mood to do.
It will however be very telling to see if those new LPI shares (ie converted Bearing shares) go to Posco Holdings or to Posco Lithium Solutions. If the new LPI shares go to Posco Holdings then PLS will be regrettably more focused on Argentina. If the new LPI shares go to PLS then PLS will indeed have firm new potentially juicy "business interests" in Chile which could ultimately prove enticing/profitable for us in the "long-run" I would speculate.
I would venture to say now that PLS will be eligible for Joe Biden's US$7,500 tax credit on new EV purchases inside the USA.
The Doctor
On_100% Consolidation_Day... Posco_creates Posco_Lithium Solution_Company
as a free standing lithium miner/refiner with rock-solid registration "hooks" into America
http://archive.fast-edgar.com/20221221/AE2LL22FZ22RPJZZ2R2E2ZYRQ5GLZZ22Z242/
to produce and sell lithium hydroxide (LiOH).
What a surprise coincidence a few hours preceding December 22 100% Consolidation Day.
Will Posco or PLS (Posco Lithium Solution) retain ownership of the new LPI shares (delivered to Posco etal via their Bearing shares conversion)?
If BYD fails to take the new LPI over before year end, then you need to ask yourself if "ready-to-pounce-tiger" PLS is the "real" buyer?
The "plot" thickens amigos.
The Doctor
On_100% Consolidation_Day... Posco_forms Posco_Lithium Solution_Company
as a free standing lithium miner/refiner with firm registration "hooks" into America
http://archive.fast-edgar.com/20221221/AE2LL22FZ22RPJZZ2R2E2ZYRQ5GLZZ22Z242/
to produce and sell lithium hydroxide (LiOH).
What a surprise coincidence just hours preceding December 22 100% Consolidation Day. Will Posco or PLS (Posco Lithium Solution) retain ownership of the new LPI shares (delivered to Posco etal via their Bearing shares conversion)?
The "plot" thickens amigos.
The Doctor
Climber18,_Finance Minister_Mario Marcel_is pro-business and a_capitalist
in the midst of this current commie government plus a realist/pragmatist in that he secretly knows that if Chile does not officially/overtly (politically and militarily) align its Lithium-Self very-very soon with Whitey America (or Whitey Europe) that Chile's lithium will be ugly ripped away by brute forces (eg Chinese Yellow Silk Road Initiative or Russian Reds using Venezuela/Cuba/Bolivia foot soldiers) that wimpy lopsidedly-gay Chile could never repel/resist next year hence his (Marcel's) op-ed clarion call today for this leftist government to pull the rag out ofitsass and solidify the new/revised mining taxes on lithium at the very absolute latest by April/May and the whole Royalty clusterfock/debacle by November 2023 with the close of Constitution Rewrite 2.0.
Finance Minister Mario Marcel more so than any other person in Chile also knows empirically Codelco is existentially only hanging on to its position simply by a hair and could easily go belly-up in 2023 if it does not quickly expand copper exploration (pulling rank and side-stepping increased government/environmental oversight) with a greater percentage of "boots-on-the-ground" (ie making a higher profit percentage) involvement and mineral mining "diversify" (eg lithium, cobalt) which he wants to encourage but can not outright demand realistically knowing Codelco will never get "friendly" enough to buy or JV with any of the Top 3 junior lithium miners out of the 17 registered in Chile (under SQM or Albemarle in size)... but Codelco could certainly make a good play on the remaining 14 junior lithium miners in Chile and make some seriously good money in the later half of this decade if they can simply consolidate half a dozen of those junior miner brine mining operations and run (truck) their raw ore (ie chloride) into one central lithium refinery (costing probably no more than US $400,000,000) on the setup/scale like the centralized Ventanas Copper refinery.
If you are trying to read between the lines in Finance Minister Mario Marcel opinion-editorial today then I would venture to say he is simply shrewdly beating deal-killing party-killing ice-cold-shower Anti-Mining Minister Marcela Hernando to the punch by laying the groundwork going on record for his future endorsement of a private-investment Whitey or American-related takeover of the #3 or #4 lithium miner (ie behind SQM & Albemarle) to run their operation in "healthy parallel" to any current or future heavily state-sponsored lithium miner(s).
If you are not trying to read between the lines in Finance Minister Mario Marcel opinion-editorial today... then the story is one more sad year of us dead in water goingfocking nowhere paddling in circles whilst the focking beaners running this juvenile-Marxist-fad government continue stupidly pulling on their pugs doing nothing after hearing Minister's Marcel's wise words of advice that have gone in one ear and out the other.
The Doctor