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If_Gil and_Martin aren't_talking with_BYD separately then_I'll eat my_hat
BYD considers US battery plant, refrains from selling EVs after Biden Inflation Act (see last paragraph).
Let's all stop pretending Warren Buffet can do without us... he can't. Chile has a FTA (Free Trade Agreement) with the USA while Argentina does not have a FTA with Uncle Sam, our lithium is more than "ripe" for the sweet picking now price-wise, and after that imbecile indian-ask-kisser childish sombrero-wearing Pedro Castillo's ouster in neighboring miner Peru by the powerful Capitalists yesterday as a poignant pin-point-strike example for "misguided" Gabby Boric to take heed everybody knows Chile is the right place to set up a new lithium mine just in time before Boric gets "the come-to-Jesus message" switching teams to go full-bore flaming Capitalist and "save-the-day continue" in his office of El Presidente.
Dear LPI, once BYD buys SB & Bearing (for a 4+ bagger) you are on your own negotiating with BYD. Had you agreed to give us a more fair 1.82 LPI overly-diluted shares (4 bagger) for each Bearing share as opposed to a niggling measly 0.7 LPI overly-diluted shares of LPI (2 bagger) we would have stuck by you for the crucial next 4 months but given the current conditions... wellfockyou and good luck with your limpdick foot-dragging faggot japs at Mitsui and YOUR subsequent separate negotiations with BYD.
The Doctor
Impeached Ex-President of_Peru Pedro_Castillo arrested
https://www.cnn.com/2022/12/07/americas/peru-president-castillo-congress-dissolves-intl/index.html
This is the frosting on the cake.
The Doctor
Sigma_Lithium looking_to ship_100,000mt LCE_from Brazil_2024
to compete with SQM, Albemarle and Ganfeng
https://miningpress-com.translate.goog/nota/352057/sigma-lithium-producira-litio-en-brasil-para-2023?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
LPI has no such plans for 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032... but perhaps after 2033 things will start looking up... we might be able to ship 1 or 2 tonnes.
The Doctor
Peru's_President Castillo_replaced by_Dina Boluarte_after impeachment
https://www.bbc.com/news/world-latin-america-63895505
and/or https://www.telesurenglish.net/news/Vice-President-Takes-Office-in-Peru-After-Castillos-Dismissal-20221207-0014.html
Dear Ex President Pedro Castillo, this is what happens to little pipsqueak stupid-sombrero-wearing leftist commies who think they can nationalize all the mines in a "key" Latin American country and keep all the money for their thieving leftist buddies. Remember this the next time you run for office (eg Dog Catcher Commissar) you turdball.
The Doctor
PS, Dear Mommy's Boy Gabby Boric, keep up your leftist/lesbo/commie horsesheet with the miners here and you will be next.
PS, Dear President Luis Arce Bolivia, I am gonna' predict that your plans to ship some "test runs" of Bolivian lithium through Peru to Russia are going to get sheet-canned next month.
Dear_BYD VP_Stella Li,_no one_believes you_when you_say Lithium_prices
will be coming down in 2023 because of an upcoming lithium surplus
https://www.mining.com/web/red-hot-lithium-price-rally-cools-as-byd-flags-surplus/
And certainly no one believes you here today when you are actually in Santiago Chile for the week looking to buy a lithium miner. Your "the lithium market is flooded" psychology won't work on us beaners... we have heard that same doom & gloom story 4 major times in the last 8 years from gringos more established than you including Morgan Stanley and of course broken-record Mitsui nonstop and Goldman Sachs.
The Doctor
Peruvians "got it right"... impeach incompetent presidents
https://www.bbc.com/news/world-latin-america-63895505
Dear Mommy's Boy Gabby Boric, hopefully you're next.
The Doctor
Dear Mitsui, Happy Pearl Harbor Day December 7, 1941
The Doctor
Codelco_passing Maricunga_delay blame_squarely to_Ministry of_Mining
saying Codelco is first awaiting some new magical undefined "process" from the Ministry of Mining (see 9th paragraph from end) https://miningpress-com.translate.goog/nota/352058/los-problemas-fiscales-de-codelco-que-preocupan?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
even though the clear problem in the bigger picture is Codelco is running out of cash... mucho faster than normal. Plus falling copper prices ain't helping at all either https://www-redimin-cl.translate.goog/cobre-cae-ya-que-debiles-datos-chinos-alimentan-la-inquietud-por-la-demanda/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Dear Codelco, fire more men from your labor force and hire more women... that will fix your cash flow problem.
The Doctor
PS, Dear Anti-Minister of Mining Marcela Hernando, your idol Cristina Fernandez-Kirchner who is known for stuffing her leftist/commie supporters (like you do) into redundant make-work jobs inass-licking companies looking for government subsidy handouts is going to jail for 6 years https://www.telesurenglish.net/news/Latin-American-Leaders-Reject-Sentence-Against-Fernandez-20221207-0001.html .... let's hope you suffer the same fate someday.
Dear Anti-Mining Minister_Marcela Hernando, your_idol is found_guilty
Cristina Fernández: Argentina vice-president found guilty of corruption
Let's all hope you are next for the courts.
The Doctor
Dear_LPI, pull_the rag_out ofyourass, go_meet with_BYD_in Santiago NOW!
https://ca.finance.yahoo.com/news/chinese-carmaker-byd-eyes-chilean-170153590.html
Do something for a change.
The Doctor
PS, Dear Gil, if by a welcome chance indeed you and Martin Borda are secretly selling Bearing and SB directly to BYD (without those turds from LPI) as stand alone "early" deals, then hooray for you and us poor abused shareholders... if so then you will not go not in history as a worse CEO than Jeremy Poirier when the final chapter is written here.
Dear stupido LPI-Hotcopperites, the_holdup isn't Bearing,_it is Martin_Borda
Borda still has not signed the consolidation agreement and he has to sign it before Gil Playford will sign on the dotted line and trust youfocking nincompoops/morons/clowns so stop blaming us with your lying unsupported cheap shots https://hotcopper.com.au/threads/lpi-the-next-lithium-producer-in-chile.6650218/page-2101?get_post=true
If Martin Borda does not trust you ozzies then how in the hell can you expect us at Bearing to trust you losers?
The Doctor
Wow,_Francisco Javier_Errázuri has somehugeballs...he wants SQM's_mine
in Atacama from CORFO in 2030 when SQM's lease expires. https://www-redimin-cl.translate.goog/grupo-errazuriz-pide-a-corfo-iniciar-licitacion-de-las-pertenencias-que-sqm-arrienda-hasta-2030/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Now I know what question you are asking yourself. Since Martin Borda is friends with Francisco Javier Errázuri (ie SIMCO) and BYD is probably good friends with SIMCO... you are asking yourself if Martin is somehow in on this request today for a formal tender from CORFO for the SQM property?
Well, that is an interesting question. I will take it up with the board.
The Doctor
Hah!_Caught ya!_Codelco going_behind our_back meeting with_Mitsui
https://www.portalminero.com/wp/maximo-pacheco-nuestra-nueva-forma-de-relacionamiento-no-es-una-transaccion-es-un-compromiso/
Dear Máximo Pacheco, what do you have to say for yourself now?
The Doctor
PS, Dear limpdickfaggot foot-dragging stab-us-in-the-back no-good-faith-money japs at Mitsui, and why are you meeting with the top dog at Codelco if you don't mind us Maricunga lowly shat-upon mushrooms-in-the-dark beaner shareholders asking? If you are talking about lithium then shouldn't one of our reps like Gil Playford and/or Martin Borda be present also?
Sodium-ion battery production starts._Is LPI_going to_miss the lithium
battery revolution for us completely? https://www.notebookcheck.net/Mass-sodium-ion-battery-production-rolls-off-GWh-class-factory-as-it-paves-the-way-for-affordable-cells-without-lithium.672646.0.html
I wish we knew 6 years ago what we know now when it came time to vote on us joint venturing with LPI.
The Doctor
Womanized_Codelco fixing_to go_even deeper_into hock_to help_pay
all the salaries for the Anti-Mining Minister's newly "inserted" female engineers into cushy "make-work" jobs inside the company plus this additional money (ie debt) will offset the diminishing copper production as the old copper veins run out and shut down https://www-mineria--pa-com.translate.goog/noticias/produccion-de-mayores-minas-chilenas-de-cobre-cierra-dispar-en-octubre/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=nui
Inside Codelco the new motto is "money grows on trees... ie on Jewish trees up in New York City... so let's pluck as much money as we can off those trees and not worry about paying it back since we are all upstanding communista https://www-nuevamineria-com.translate.goog/revista/codelco-emitira-deuda-para-reforzar-caja-ante-menor-produccion/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US and we will solve our future cash-flow shortfalls mañana mañana".
If anyone is still stupid enough to believe deadbeat Codelco is going to get serious about actually mining in Maricunga then you need to get your head examined. And BTW where is that last lithium drilling report for Maricunga that was supposed to be published by Codelco in October? Codelco can't be bothered with testing/mining any more... they are too busy mining Jewish bankers/lenders on Wall Street in NYC and selling off Codelco bit by bit.
The Doctor
Zijin 9month-old project_in Argentina_begins Brine_evaporation while_LPI
who only dreams of Bahama vacations and getting plastered on "evaporated" cocktails (3 min mark) has been futzing around in Maricunga for 6 years still hasn't evaporated one production ounce of our brine.
The Doctor
If_Argentina gets_US_EV Tax_Exception then_that big whoosh_sound
you will hear next is lithium seed money from white/gringo investors in Chile flying over to Argentina instead to buy into lithium projects there
Argentina Is Pressing US for Exception to Tap EV Tax Bonanza
And once again lithium shareholders in Chile will be sucking on an empty hind tit.
The Doctor
Did_Chilean Comptroller_just cancel_his prohibition_on Codelco_Lithium
mining https://www-reporteminero-cl.translate.goog/noticia/noticias/2022/12/codelco-contraloria-convenio-transparencia-probidad?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en which he initiated in 2017 as he saw Codelco violating the terms of their founding charter which which specifically says Codelco can only mine copper? https://www.google.com/books/edition/_/BNN6-zkm5M8C?hl=en&gbpv=1&pg=PA157
This requires some more very specific research.
The Doctor
Gold&Silver investments_fall but_lithium investments_going bonkers_in
Argentina... not in thissheethole Chile https://www-reporteminero-cl.translate.goog/noticia/noticias/2022/12/argentina-proyectos-inversion-mineria-avanzando?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en
The Doctor
Dear_Vladimir Putin,_you want_lithium, you_need lithium,_come and get_it
if you can for your hoped-for next generation grenade-dropping drones
The_Hague established_the Silala is_a river with_an international_channel
and that Chile has the right to its equitable and reasonable use. The Chilean president assured that the will of the country "is to continue working with the sister Republic of Bolivia in a spirit of good neighborliness" https://www-cnnchile-com.translate.goog/mundo/boric-fallo-haya-chile-certeza-juridica_20221201/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Gabby Boric however made no mention of returning any portion of the Red Corridor to Bolivia through the courts in the Hague.
As you all know, Bolivia needs to install 4'-8" wide railroad track through the Red Corridor in order to ship large volumes of future mined lithium to Russia since the existing 24 inch wide track can not possibly handle the tonnage. I suppose we will have to wait until Russia has fully garrisoned its troops in Bolivia before we know how that story is going to play out.
The Doctor
Hilarious_video, AndrewPhillips says_LPI will_finish construction in 12months
www.youtube.com/watch?v=zygBvzd_GuE&t=3s
Dear Andrew, a real miner like Posco or CATL or BYD or Zijin might be able to finish Maricunga construction in 12 months but it surely won't be youfockingdeadass ozzies with your passion for Bahamas vacations and drinking cocktails all day (3:00 minutes marker). You ozzies haven't even been able to build a simple doghouse for our project guard dog in 6 years at Maricunga much less even a basic lithium mine or pilot plant.
The Doctor
Bolivia_officially selling_its lithium_to Russia...and so it_begins
with baby steps at first https://www.telesurenglish.net/news/Bolivias-Lithium-Revenues-to-November-Exceed-2021-Numbers-20221130-0019.html
The Doctor
Oct31_we said Gil_wouldn't sign_the Consolidation_until Martin signs_FIRST
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170336569
and surprise surprise, here we are today, the much ballyhooed Consolidation agreement that was supposed to be signed November 21 is now in limbo and might be signed in December maybe wishfully hopefully https://www.globenewswire.com/news-release/2022/12/01/2565763/0/en/Bearing-Lithium-Provides-Update-on-Plan-of-Arrangement-With-Lithium-Power-International.html
So now you are asking yourself, "so why won't Martin sign the damn agreement and commit his precious private company in Chile to the grand plan Consolidation?"
Well, my guess is he has received a secret offer very recently to sell at 4 to 5 times what he would make at LPI for his standalone private company from either BYD or Posco or CATL... which means Gil has surely received a similar secret offer for standalone Bearing... that's my guess.
If BYD or Posco or CATL holds MSB AND Bearing then they will be able to beat standalone LPI down at least 33% to 50% on their asking price in 2023 plus.
And if my guess is correct then that means we are coming out of this shithole with at least a 4-bagger (maybe 5-bagger) in early 2023 instead of a 2-bagger if we were stuck with LPI in mid 2024 or 2025.
For us lowly shat upon beaners a delay on the Consolidation agreement such as this is a very very good sign from the gods (and Alicanto) my amigos.
The Doctor
Anti-Mining Minister_proposing new_gobbledygook laws_to facilitate her
long simmering intended theft (to be known as nationalization) of "little" miners' land under the guise/veil of "Big Brother" benevolent/justified eminent domain for the betterment of the common people in Chile (mostly made up of potential poor/mooching/freeloading voters for her run as president in 2026). .
https://www-reporteminero-cl.translate.goog/noticia/noticias/2022/11/proyecto-modificacion-alcances-mineria-ley-21420?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en
You can't let these sleazybastardsout of your eyesight for longer than an hour before they go to work in their after-dark backrooms concocting some new leftist/commie ruse for nationalizing a miner's property under the pretension they are making things "easier/more-friendly" for miners.
The Doctor
Where_in the_hell is_BMW getting lithium_for this_new Hungarian_plant?
https://insideevs.com/news/624175/bmw-group-hungarian-plant-debrecen-batteries/
Not us, that's for sure.
The Doctor
Honest_hardworking legit_Australians key_to Posco's EV_ambitions
https://www.miningweekly.com/article/australian-battery-metal-players-key-to-south-koreas-ev-ambition-2022-11-30
Flimflam deadbeat scamming do-nothing Australians are not key to Posco's EV ambitions
Whew, yeah tell me about it... we have had 6 long years of being totally ignored by Posco. Every time we hope to get this Maricunga pig going all we get a sharp stick poked right in our eye by our supposed hotshot ozzie buddies/mates.
Posco was our ticket outta' this sheethole... but we blew it by hitching our wagon to this useless "never hit even one milestone ever" mob of LPI ozzies.
The Doctor
Newest update from LPI
https://hotcopper.com.au/threads/lpi-the-next-lithium-producer-in-chile.6650218/page-2073?post_id=65088034
LPI stands for Lithium Pissitallaway International.
The Doctor
India_and US _hold military_exercises near_disputed China_border
https://www.scmp.com/news/asia/south-asia/article/3201477/india-us-hold-military-exercises-near-disputed-china-border?module=live&pgtype=homepage
Dear India, Weeellllllllll well, so where are you planning to buy your future lithium from after you complete these military exercises with the American Satan? Are you dreaming of finally getting off your lazyasses and buying some lithium here in the Lithium Triangle?.... ha ha ha, I don't think you double-talking cheapskates are going to even get in the front door around here anymore.
The Doctor
Construction_of first_lithium battery_plant in Argentina_begins
https://www-reporteminero-cl.translate.goog/noticia/noticias/2022/11/baterias-litio-argentina?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en
These battery-making guys are starting small and building up... this is the kind of plan LPI should have adopted for us 6 long years ago by starting out small/steady instead of swinging for an impossible long-odds bases-loaded homerun beginning with the first pitch which they have missed hitting over 50 times (with not even a foul ball or first base hit) since that sad fateful day 2003 days ago.
The Doctor
Whoa_Nelly, Northvolt_may delay_German battery_plant, looking at_US
https://insideevs.com/news/624170/northvolt-may-delay-german-battery-plant-is-looking-at-us/
Wow, the USA is going to need every ounce of lithium they can get from the lithium triangle... either by "friendly" hook... or by outright coup...and if Russia can be brought to its knees in 9 short months, just image how fast these two-bit conniving communista beaner republics in South America will fall.
The Doctor
Joe_Lowry: “Elon_Musk’s star_power has_hit its_limit”
Tesla’s lithium supplies in danger as rivals make mining deals
https://apps.theedgemarkets.com/article/teslas-lithium-supplies-danger-rivals-make-mining-deals
skip
Tianqi spreading its tentacles into Argentina
https://miningpress-com.translate.goog/nota/351872/tianqi-lithium-mira-al-litio-de-salta?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
The Chinese are going to win the Lithium Triangle lithium without firing a shot.
The Doctor
If_BYD is_not pursuing_us (in_Maricunga) then_I'm a monkey's_uncle
https://miningpress-com.translate.goog/nota/351875/los-planes-de-byd-para-la-electromovilidad-en-chile?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
The Doctor
Lawyer_advising Codelco_on Maricunga_landgrab has_worked for_Tianqi
https://ananoticias.com/2022/11/28/the-battle-for-lithium-in-the-salar-de-maricunga/
Watchdog ANA Notices cuts through the BS in Maricunga (see Topic 1 of 3) and foresees every lithium gringo investor/banker eventually going dark on financing anything lithium-related in Chile if "misguided/misled" Codelco keeps up this sham lawsuit to seize lithium producing properties in Maricunga.
We need to watch and see if Tianqi starts playing footsies with Codelco under the table behind our back during the next few months.
The Doctor
Awww_bummer, Codelco_is hitting_the proverbial brick_wall
Codelco's main mines are depleted: 75% of production depends on projects that are delayed
https://www-redimin-cl.translate.goog/principales-minas-de-codelco-se-agotan-75-de-la-produccion-depende-de-proyectos-que-estan-retrasados/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Dear Codelco, ooooo tough luck, it couldn't have happened to a more deserving outfit in Chile than you. May all the sneaky conniving backroomshit that Codelco ex-president Nelson Pizarro put into motion (after summoning it up from hell and Pinochet's thieving accomplices) during his reign (now leading to this boo-hoo boo-hoo market-correcting impending downturn in production) finally hit all you new lesbian/dykes running Codelco today smack in your thieving always-chewing-on-something-you-stole mouths.
The Doctor
New_constitution was_rejected... yeah,yeah,_many Japanese were_relieved
Ambassador Shibuya Kazuhisa: "As the draft new Constitution was rejected, many Japanese businessmen are relieved"
https://vnexplorer-net.translate.goog/shibuya-kazuhisa-como-el-proyecto-de-nueva-constitucion-fue-rechazado-muchos-empresarios-japoneses-estan-aliviados-s6098701.html?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Long-winded Japanese Ambassador Shibuya Kazuhisa finally gets around to the real heart of the matter when he says in so many words: and oh yeah, and we japs are also real interested in now getting lithium rolling in this sheethole Chile (paraphrased)...if we can next get mommy's boy Gabby Boric to simply sign the CPTPP.
SQM_investing US$140M_in lithium_hydroxide processing_plant in
China. What's that you say? Did you think I was going to say SQM is investing this money in this sheethole Chile? Are youfocking nuts?
https://vnexplorer-net.translate.goog/sqm-pone-una-ficha-en-china-acuerda-la-compra-de-una-planta-de-hidroxido-de-litio-y-tendra-un-socio-local-s6087190.html?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
SQM is smart as a fox. An intelligent gringo like SQM would have to be insane to invest in this lithium-strangling sheethole Chile now.
The Doctor
SONAMI_says we_do not_see US$69B_mining investment_materializing
https://www-redimin-cl.translate.goog/jorge-riesco-presidente-de-la-sociedad-nacional-de-mineria-sonami-no-vemos-que-se-vaya-a-materializar-la-cartera-de-inversiones-mineras-por-us-69-mil-millones-que-tiene-el-pais/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Jorge Riesco, president of the National Mining Society (SONAMI), also points out that "the mining royalty debate became a festival of calculations". In this case the word "festival" is shorthand code for typical "beaner clusterfock".
Further in this Redimin story Jorge Riesco goes on to explain that the proposed NLC (National Lithium Company) creation is basically a total frocking waste of time since ENAMI could just as easily handle any lithium management contortions imaginable in this type of public-private relationship. Jorge points out in so many words that the only element missing in setting up ENAMI lithium partnerships is top-level political will (and balls) in Boric's amateur/toy government.
The Doctor