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In_Boric's US$21B_2024 budget_he can't_explain US$5B_of it
https://www-df-cl.translate.goog/economia-y-politica/macro/presupuesto-informe-advierte-que-hay-us-5-000-millones-en?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Geez, all these armchair critics need to settle down... that "missing" US$5Billion is a simple reward (aka bonus) to all the thieving scamming conniving leftists/commies who worked so hard to get the budget boosted up to a nose-bleed record US$21B.
The Doctor
Nicolás_Grau caught_red-handed tries_to mansplain Sinovac
fock-up but nobody in their right mind is buying it https://www-ex--ante-cl.translate.goog/interpelacion-y-comision-investigadora-por-caso-sinovac-versiones-confusas-y-erroneas-le-pasan-la-cuenta-a-grau/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Dear Nicolás, you can fool some of the people some of the time, but you can't fool all of the people all of the time. You belong to a government of self-enriching crooks... you should just admit it.
The Doctor
SQM investing in Australia... not Chile
https://www-df-cl.translate.goog/empresas/mineria/sqm-acuerda-la-compra-de-la-minera-australiana-azure-por-us-1-000-millones?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
...and who can blame them?
The Doctor
Saudi Arabia desperate for lithium
Saudi Arabia's Ma'aden working to extract lithium from seawater
https://www.nasdaq.com/articles/saudi-arabias-maaden-working-to-extract-lithium-from-seawater
Dear Aramco, you want to buy Maricunga so bad... that you can taste it.
The Doctor
cc: Uncle Posco
___Rosatom (President Putin)
Boric_says it's not_me focking_up Whitey/gringo investment_in Chile
Yes, Dear Mommy's Boy Gabby Boric, it is the incoherent antiquated permitting system in Chile that underpins/supports all the secret self-enriching bureaucratic leftist/commie extortion of Whitey/gringos and perpetuates all the corruption/bribery so rampant in your regime (and Bachelet's) that is killing honest business development in this country. https://www-ex--ante-cl.translate.goog/nuestro-sistema-de-permisos-es-incoherente-boric-interviene-en-debate-por-permisologia-en-medio-de-diferencias-al-interior-del-gabinete/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp especially when coyly deployed under the harmless/innocent-appearing frumpy Marcela Hernando and Aurora Williams dressed up as chubby benign-looking grandmothers who wouldn't harm a little butterfly... but who are willing helping white-capped white-gloved nurses for Jack the Ripper while Jack has his victims pinned to the ground.
And your "preparatory" speech today only reaffirms how entangled/integral you are in this corruption because we all know that the day after you take control of LPI (if you do) in March 2024 that the first executive order you will issue on "trimming back" excessive permitting in Chile will do away with SEA and CChEN reviews in Maricunga where you will reward the Gang-of-7 with a doubling in the LCE export quota license for YOUR pet lithium project kicking it up to a whopping 80,000mtpa to put it overnight in competition with SQM & Albemarle which your black heart Gang-of-7 will also be trying to steal 2030 - 2043. Your next philosophy on permitting is going to be "when the State owns the lithium mine... then permitting is indeed excessive and counter productive"... Dear Gabby, we ain't dummies here in Chile, we can read your "telegraphed" thieving intentions a mile away, or in this case from 5 months away.
The Doctor
Our_Godfather Luis_Saenz who_birthed Maricunga_and put_Martin
Borda "on the lithium map" through his (ie Luis Saenz's) Li3 Energy Inc weighs in on the proposed Codelco-LPI deal starting at the 12:45 minute mark in this video
Click here for video
I pre-apologize for the airhead drivel you will have to wade through from stuttering Paola Rojas who is incapable of constructing even one complete intelligible sentence in the entire video... but hearing from Luis Saenz again at this juncture in time is worth it.
Codelco got the best deal of their lifetime.
LPI Longs got the worst deal of their lifetime.
The Doctor
He who controls LPI controls ALL of Maricunga
Typical_Beanerhorseshit, we_need more_definition of_the definitions
in order to define which salars are definitively Strategic and which salars are Not Strategic
https://www-nuevamineria-com.translate.goog/revista/comite-de-litio-y-salares-avanza-en-definiciones-para-diseno-de-salares-estrategicos-y-protegidos/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US says another sham stinking mensurational committee.
I have discovered that listening to horseface blah-blah-blah Aurora Williams for any length of time more than 2 minutes and your brains will turn to mush to start dripping out of your ears. How anybody in their right mind could appoint this talking-head imbecile to a government position is criminal and insane. She was totally focking useless on improving mining in Chile during Michele's Bachelet's reign and she will be the same during what is left of Boric's reign.
The Doctor
Ex-Codelco André_Sougarret NOT_heading up_Aramco in_Chile
https://www-df-cl.translate.goog/mercados/fondos-de-inversion/el-nuevo-rumbo-laboral-del-expresidente-ejecutivo-de-codelco-andre?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Wow, I thought for sure Aramco (Chile) was going to scoop up André Sougarret... with André as Aramco's president they would have exploded into the big time on Maricunga right out of the gate.
It will be very interesting (and telling) for us Maricunga beaners still here to see if Alza Group's Mining Tech Investment Fund now starts buying into Posco or Rosatom (specifically their Uranium One)... or Aramco.
The Doctor
Boric:_we give_a rat's_ass about_Constitution Rewrite_Convention II
and we could give a fock all if anyone is stupid enough to propose a next Constitution Rewrite Convention III in 2024.
https://www-df-cl.translate.goog/df-constitucional/la-moneda-anuncia-prescindencia-para-el-plebiscito-constitucional-y?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp ...fock this new constitution especially after the right-wing rewrote it says Gabby.
Dear Mommy's Boy Gabby Boric, wow this is a big change from what you were bragging 2 years ago about changing the constitution into some Venezuelan-type leftist/commie/multi-plural/gay/indian loving constitution... Oh how far the mighty have fallen since 2021.
The Doctor
PS, fock you Gabby.
Congratulations_to Javier_Milei, run-off set_for November_19
https://www-cnnchile-com.translate.goog/mundo/habla-milei-elecciones-presidenciales-vamos-noviembre-gloria_20231022/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
and/or https://www-ex--ante-cl.translate.goog/elecciones-presidenciales-en-argentina-se-cierran-las-mesas-con-record-de-baja-participacion-74/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Dear Javier, beat those those focking leftists/commies/Kirchnerites into the toilet.
Right on.
The Doctor
cc: Jose Antonio Kast
___Juan Carlos Jobet
___Warren Buffet
Saudi_Arabia: we're_building EV_plants, we_want_lithium now
https://english.alarabiya.net/News/saudi-arabia/2023/10/22/Hyundai-to-build-Saudi-car-plant-jointly-with-Saudi-wealth-fund-
Ditto South Korea.
Ditto Russia.
Dear_Crystalballs, soooo_you want_to be_2026 Mining_Minister?
Dear_Nicolás Grau,_liar liar,_pants on_fire, nose_as long_as
a telephone wire
Nicolás Grau and elections in Argentina: “Our State relationship is excellent and cannot depend on who is elected”
https://www-latercera-com.translate.goog/pulso/noticia/nicolas-grau-y-elecciones-en-argentina-nuestra-relacion-de-estado-son-excelentes-y-no-pueden-depender-de-quien-salga-electo/5VHJHQFCHBFXBEHTEDXUJ77RWE/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Dear Nicolás, ha ha ha that is hilarious... you and that little faggot Gabby Boric are sweating your commie balls off over this presidential vote in neighboring Argentina today regardless of what BS you are spouting today. https://www.theguardian.com/world/2023/oct/22/argentina-javier-milei-presidential-election
If Javier Milei wins in Argentina this week then you know the South American right-wing is coming for you two "prime" thieves/scammers next. https://www-ex--ante-cl.translate.goog/la-rappi-revolucion-de-milei-por-jorge-ramirez/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
The Doctor
PS, Dear Javier Milei, if I were you I would send my top 20 army special forces men from Argentina into Chile and simply take over the entire focking country within 2 hours (including leftists, faggots, queers, commies and all) and then merge Chile into the new Expanded Argentina.
Codelco:_we hired_2,000 lesbian/dyke engineers_under Marcela
Hernando under her "Trading Jobs for 2026 Votes Program" who nearly all of them hold degrees in Lithium mining but we (Codelco) still have no focking idea how to actually mine lithium... Quick! Call LPI up on the telephone and ask them to JV partner with us.
Codelco Waiting/Looking for a Partner
https://www-redimin-cl.translate.goog/el-proximo-paso-de-codelco-en-el-litio-del-salar-de-maricunga-buscar-un-socio/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Dear Codelco, Ha... see, your forced backdoor kludge nationalization of our LPI Maricunga property is already proving more than you have the little beaner brains to comprehend/employ/execute. You need to face the fact you are a mentally-crippled beaner and will always be a mentally-crippled beaner... you beaners can't build anything of substance or purpose on your own, you will always need a Whitey/gringo to see you through these huge multi-million US dollar mining development programs.
And will you decree 100% DLE right out of the gate in Maricunga?
Of course not.
You will now desperately try to adopt our September 29 proposed hybrid-pool/DLE LABSSS plan https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172932778 because this is the only plan that is going to semi-happily work with the Top 5 or 6 landowners in Maricunga "overall" in the grand scheme. You will eventually sell 69.75% of Maricunga to a Whitey/gringo and keep 30.25% for yourself on the condition you put no more cash into the deal after the initial US$244,000,000 buy-out of LPI plus your 325,000mt LCE export license and that you not be forced to send any of your 2,000 leftist/commie lesbian/dyke Codelco engineers (ie paid 2026 voters to vote RP) into dusty/dirty Maricunga to actually do any real work... oh god forbid these upper class leftist/commie lesbos get sweaty or dirty on a yucky mining project in the outback over a hundred miles from WhatsApp/Meta.
Once Rothschild saves your miserable focking ass by lining up Aramco or Tianqi for the US$1Billion CAPEX money then you will be on your (desperate) way to adopting our September 29 LABSSS plan sure as the sun rises every morning... unless of course Uncle Posco https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173043955
or Rosatom https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173063930 registers a new bid for us (ie LPI) after seeing who wins the presidency in Argentina. If Posco or Rosatom buys us (LPI) then your (Codelco) problems are going to double or triple overnight... and let's hope the buying price for LPI doubles or triples also.
This latest Redimin article https://www-redimin-cl.translate.goog/el-proximo-paso-de-codelco-en-el-litio-del-salar-de-maricunga-buscar-un-socio/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp lays everything out perfectly for Uncle Posco and Rosatom... there are no skeletons left in the closet now. Everybody knows where everybody else is standing clear as a bell.
Cheers
The Doctor
Mama_Mia, who_is this_new TheGekko?...he's so smart_today
https://hotcopper.com.au/threads/ann-lpi-codelco-enter-into-binding-scheme-implementation-deed.7641553/page-201?get_post=true
The Doctor
Climber18,_I watched the_shoestring Miles Rideout_LIT video
on the slimy/icky snake-oil Proactive Investors channel yesterday click here and immediately had to take a shower after it finished so none of that slime had a chance to stick on me. After listening to this typical horseshit say-nothing but "we're going to be great, so trust us... and have patience" video I decided to stay as far away as possible from Argentina Lithium & Energy Corp (OTC:PNXLF). If Javier Milei wins the presidency then all these lithium projects doing business in pesos within Argentina are thoroughly completely focked until they can fully dollarize themselves which will take a year. You need to find a lithium (or rare earths) project already sanctioned to do all their business and sales in USA dollars within Argentina if you want to chance investing in Argentina now. I don't see anything that says/signals "buy me, buy me" just yet in Argentina Lithium & Energy Corp. In fact, I don't see any "safe" lithium projects anywhere that I would recommend just now. As far as Chilean lithium goes we need to sit tight, watch and see if S&P, Moody, BofA, etal further "downgrade" Chile's sovereign debt anymore/again... which will signal short-term very-painful immediate financial trouble for Boric for his final 2 years in office as "everything" will get slashed in his magic bullet "fiscal pact" budget. https://vnexplorer-net.translate.goog/economistas-y-cpc-abogan-por-un-acuerdo-politico-procrecimiento-para-evitar-una-rebaja-crediticia-s6298088.html?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp&_x_tr_hist=true
We also need to watch to see who Codelco is selling Maricunga to... which I think is going to be Aramco through Rothschild for which Codelco will take a 30% cut ("passive" non-controlling arm-length partnership) and say adios to all the upcoming Maricunga headaches. If this indeed is the upcoming "play" for Codelco (and the Gang-of-6/commies) then all other lithium enterprises in Chile including SQM & Albemarle is cursed for at least 2 more years.
If Aclara Resources Inc can get their brand new rare earth project in Brazil off the ground https://www-df-cl.translate.goog/empresas/mineria/minera-aclara-descubre-deposito-de-tierras-raras-en-brasil-100-veces-mas?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp then this will be a good project to invest in since Hochschild Mining from Peru will be supporting/funding it and they are rock solid. If the Brazil project gets rolling then I will posting something about it on the Aclara iHub board https://investorshub.advfn.com/Aclara-Resources-Inc-ARA-41730
The Doctor
Sniff_sniff, we_smell a_rat. Chinese_SINOVAC bails_out of_Chile
https://www-ex--ante-cl.translate.goog/trasfondo-sinovac-anuncia-cancelacion-de-mega-proyecto-en-chile-horas-despues-del-regreso-de-boric-de-su-gira-a-china/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Milei_likes Kast._We like_Kast. Ergo_we like_Milei.
https://www-ex--ante-cl.translate.goog/los-nexos-de-javier-milei-con-intelectuales-y-economistas-chilenos-ademas-de-jose-antonio-kast/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Dear Fellow LPI Shareholders, Vote NO on the Codelco-LPI rape job.
We need to hold out for José Antonio Kast being president in 2026.
The Doctor
Dear_Vladimir Putin,_you Russkies_desperately need_lithium
in order to continue "The New-Era Drone Wars" into the 2030s and the USA will never allow you it to mine it from Donbas Ukraine https://www.renewablematter.eu/articles/article/ukraine-all-lithium-reserves-and-mineral-resources-in-war-zones thus explaining your attempt to mine Bolivian lithium https://www.mining-technology.com/news/ylb-lithium-russian-chinese/ as the alterantive... but you are going to be having to deal with nutcase "my drug dealer constituents want more kickbacks" beaner Evo Morales again https://www.reuters.com/world/americas/evo-morales-announces-candidacy-2025-bolivia-presidential-elections-2023-09-24/ and we all know he is going to ram his indigenous tomahawk up your ass again in/by 2026.
As evidenced by your Uranium One (Russian Rosatom subsidiary) investment/collaboration with Wealth Minerals Ltd in Chile https://wealthminerals.com/wealth-minerals-position-on-new-chilean-lithium-policy/ I am sure you are by now fully aware of the recent ass-reaming we shareholders suffered at LPI as Boric convinced the Chinese not to outbid Codelco on taking us over with the help of our "assisting" turncoat management so eloquently described today on LPI-HotCopper https://hotcopper.com.au/threads/ann-lpi-codelco-enter-into-binding-scheme-implementation-deed.7641553/page-191?get_post=true&direction=previous which effectively took CATL, Tianqi, BYD, and Tsingshan out of the "fair capitalistic out bidding" process against suitor Codelco which should have begun yesterday.
Our hope now is that White Knight South Korean Posco will come to our aid with a new higher bid to buy us out https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173043955 but we can't be sure this will happen given the more-favorable lithium mining climate in Argentina now ... and so, that brings us to today's offer/suggestion. How's about you send your top representatives from Rosatom in Russia to inspect our Maricunga project and review our numbers. I will make available all my iHub posts going back 8 years and back-up notes, plus secret unauthorized "tell-all" recordings, aerial spy films, and spreadsheets to your Rosatom men if they even need that extraneous information now since all you have to really do is simply offer AUS$0.65 (or more) per share in a counter-offer and pay the US$2,400,000 fee to break the Codelco-LPI preliminary agreement... which given your fast growing lithium "needs" is really just peanuts in the mucho bigger picture.
Deal?
The Doctor
SQM_falls due_to the_BofA lowering_company's_prospects
https://www-redimin-cl.translate.goog/accion-de-sqm-cae-fuerte-producto-de-baja-en-las-perspectivas-de-la-empresa-por-parte-de-bank-of-america/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Friday SQM is going to undergo another big drop in share price.
The Doctor
Commies_yell, Quick_let's borrow_another US$900M_to finance
our perverted nationalization of private companies by hook or by crook (eg LPI, SQM, Simbalik).
You there Mario Marcel Treasurer!... put on your fake happy smiley face and fly up to Wall Street in New York and get the Jews to lend us another US$900,000,000 quickly to get us through this current "rough patch" https://www-df-cl.translate.goog/economia-y-politica/macro/chile-emite-bonos-soberanos-por-mas-de-us-900-millones-para-financiar?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Dear Lame Duck Gabby Boric, once Javier Milei wins the presidency in Argentina that will signal your coming leftist/commie demise. Milei loves privatizing cash-losing over-staffed graft-taking state-owned companies and Chileans are going to get a crash course overnight right on their TVs and every night thereafter in the benefits of privatization/free-enterprise https://dfsud-com.translate.goog/america/javier-milei-preve-privatizar-ypf-y-vaca-muerta-en-caso-de-ganar-la?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
You won't be able to turn Javier Milei off on the TV, on the Internet, or in print.
You are focking doomed you little weasel.
The Doctor
S&P_lowers Chile's_rating to_negative due_to weak_political consensus
https://www-df-cl.translate.goog/economia-y-politica/pais/s-p-modifica-la-perspectiva-para-la-nota-de-chile-a-negativa-debido-a?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Dear Lame Duck Gabby Boric, if you and your thieving scamming leftist/commie comrades keep squeezing the piss out of Whitey/gringo miners in Chile also... then you can bet your ass Chile's S&P rating is going even lower you little easily-duped whiny piss ant.
The Doctor
Dear_Crystalballs you_focking Judas,_go fock_yourself and_rot
in hell you clucksocker. We can't believe you now have the balls to take a victory lap over our red asses and then rub the stinkingshit from this sell-out deal/abortion in our faces on Latercera tonight rebranding yourself Chile's lithium divine savior/negotiator "all the while" who brilliantly Gandhi-like avoided bloodshed in Maricunga. You couldn't negotiate or fight yourself out of a wet paper bag. Every peso you took from LPI in salary you stole. Since Day One you have rolled over on every confrontation we faced like mongrel bitch dog in heat excited only for another royal focking including Marcela Hernando and Miguel Vargas especially. And then all the focking bald face lies from you!... like Mitsui financing and starting construction on 6 different times over 6 years... ahhhh but that is another post.
https://www.latercera.com/pulso/noticia/primera-produccion-de-litio-fuera-del-salar-de-atacama-y-colaboracion-publico-privada-ceo-de-lithium-power-destaca-acuerdo-con-codelco/AYDGNMDCCFE73NRTUMKWOPCSY4/
Google English translation below.
You go to hell.
The Doctor
---------------------------------------
First lithium production outside the Atacama salt flat and public-private collaboration: CEO of Lithium Power highlights agreement with Codelco
by Victor Guillou
Cristóbal García-Huidobro stated that the agreement announced this week for the state company to acquire the Australian company, owner of the Minera Salar Blanco project, in the Maricunga Salt Flats, is a "very important step" that will ensure the country "continues to position itself as an actor key in times of energy transition, in line with the National Lithium Strategy".
share
The company's CEO, Cristóbal García-Huidobro, expressed his appreciation of the agreement reached by Codeco and the Australian Lithium Power International (PLI). In a series of statements shared to the press by his advisors, the Chilean executive emphasized the benefits offered by the purchase and sale commitment signed with the Chilean state mining company, pointing out that the completion of the Minera Salar Blanco project will allow for the acceleration of lithium carbonate production. in the country, in line with the objectives set by the Executive with its government policy announced in April.
The Codelco and Lithium Power agreement: 100 pages, the operation schedule and a fine for withdrawal
Codelco agrees to buy the company that owns the lithium project in the Salar de Maricunga for US$244 million
“This agreement is an important step for both the country and the Atacama Region, since it allows us to move forward in an even more expeditious manner with a project of high technical, social and environmental standards that the region has already made its own. This has been possible, since those who know the project know that it highlights the value of the territory, teamwork, collaboration, participation and the search for common objectives, achieving transversal support from communities and authorities in the region," he began. pointing out García-Huidobro.
In his statements, the industrial civil engineer stated that “this agreement is a very important step to accelerate the construction and operation of the first lithium production project outside the Atacama salt flat, allowing the country to continue positioning itself as a key player in times of transition. energy, in line with the announced National Lithium Strategy.”
Along these lines, he added that the purchase and sale plan announced this Tuesday marks a milestone in the public-private collaboration scheme that will govern the exploitation of the key mineral for electromobility in the world.
“This agreement is relevant, since it demonstrates that when the public and private sectors work together, with a constructive spirit, we can achieve common objectives. We are very happy to contribute and be able to accelerate this first challenge for lithium production in the Atacama Region, because as we have said repeatedly, the time for lithium is now,” he remarked.
Garcia-Huidobro also expressed his gratitude to the communities with which the company worked during the seven years in which the project was in development, ensuring that they seek to “involve them in the good news that this advance for the region means for them and for the entire region.” “start of work on the lithium project in Maricunga”.
“Now the communities will be able to participate in the direct benefits of the project even earlier than we had projected, which is also positive for them,” he emphasized.
Britney Spears was forcibly put on Lithium
https://brobible.com/culture/article/britney-spears-locked-up-forced-take-lithium/
Dear Britney, we too were forcibly put on lithium (ie vaporware lithium), and on contraceptives and turned into sexually-abused ATM cash machines made to pay outrageous sums of our hard-earned money to our parents so they could have nonstop continuous vacations, gallons of booze, luxury cars, whores and mountains of dope for 7 years same as you... we shareholders here feel your pain.
The Doctor
SQM_down another_3% 1PM_ET. Dear_SQM, buy_LPI and
protect your future in Chile for another solid 30 years.
Leaks_begin: Codelco_wants to_partner with_SQM on_Maricunga
https://www-guiaminera-cl.translate.goog/sqm-transformando-los-problemas-en-oportunidades/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Would SQM bring their mining expertise and CAPEX to the Maricunga deal in exchange for a 69.75% share for themselves in the project leaving 30.25% "free & clear" share for Codelco who would be left with absolutely nothing to do while sitting on their fat ass and contributing no equity (or skin or sweat) to the deal as we first proposed on September 29 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172932778
But Chinese confessors are acknowledging the deals BYD and Tsingshan made with CORFO are only piddling smoke & mirrors precursors to their real objectives in Chile which is to mine lithium from the ground as an independent https://www-redimin-cl.translate.goog/como-queda-la-estrategia-nacional-del-litio-con-el-ingreso-de-tsingshan-y-la-compra-de-lpi-por-codelco/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
So I know what you thinking... you are thinking that if this is indeed the succinct "Grand Plan" then why doesn't SQM or Tsingshan or BYD simply offer LPI AUS$0.65 (or more) per share and completely take Codelco out of the driver's seat on creating this inevitable Maricunga "Grand Plan"?
The Doctor
PS, Dear Uncle Posco, we (at LPI) are still "pulling" for you in this upcoming contest sure to accelerate immediately after the Argentina presidential election.
Dear_Fiscal Council,_is a_3.5% increase_in public_spending
deeply troubling you? Apparently it is https://www-df-cl.translate.goog/economia-y-politica/macro/presupuesto-2024-consejo-fiscal-identifica-una-serie-de-riesgos-y-pone?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
We see in paragraph 7 that you are instructing DIPRES to now specify in greater detail the future expenditures proposed within “other capital requirements” by the Treasury... is there any chance that you are going to put the kibosh on Codelco's “other capital requirements” expenditure of US$244,000,000 to acquire the primary lithium miner in Maricunga because this niche ego-driven "play thing" Codelco cost exceeds/upsets your 2024 targets/limits?
Just checking.
The Doctor
PS, and just one more thing... is it true that thefts of computers (of the former minister Giorgio Jackson type) are also happening in the Ministry of Finance now? https://www-df-cl.translate.goog/economia-y-politica/gobierno/carabineros-investiga-el-robo-de-seis-computadores-desde-el-ministerio?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Tsk tsk... all this high level thievery/chicanery in the government is quite upsetting, would you not agree?
Milei's_MF says_they will_not break_relations with_Chile
https://www-cnnchile-com.translate.goog/lodijeronencnn/diana-mondino-relacion-internacional-de-argentina-romper-relaciones-es-infundado_20231018/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
But then on the other hand...
Dear Lame Duck Gabby Boric, can you say unequivocally that if Javier Milei wins the presidency in Argentina that your thieving rapist leftist/commie regime in Chile will not break relations with Argentina?
What's that you say? Speak up? Are you saying, "No comment 4 days before the election"?
That's what we thought you would say.
The Doctor
SQM_down 7.80%_12PM NYC_ET. Dear_SQM, you're next_if
you don't stand up and fight back now.
Dear Julio Ponce, we'll have to substitute Posco for Rothschild-Aramco of course in the September 29 deal... but I'm betting you are now reconsidering our September 29 proposal a bit more seriously today https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172932778
We'll be waiting for you... especially if Javier Milei wins the presidency in Argentina October 22.
The Doctor
Cost_to break_deal with Codelco_is only_a piddling_US$2.4M
The Codelco and Lithium Power agreement: 100 pages, the operation schedule and a fine for withdrawal
https://www.msn.com/es-cl/noticias/other/el-acuerdo-de-codelco-y-lithium-power-100-p%C3%A1ginas-el-calendario-de-la-operaci%C3%B3n-y-una-multa-por-retractaci%C3%B3n/ar-AA1irLFy
Google English translation below
The Doctor
----------------------------
The Codelco and Lithium Power agreement: 100 pages, the operation schedule and a fine for withdrawal
Codelco advances its plans to enter the lithium business. Despite the complex moment it is going through in copper - its main business during the five decades of history of the state-owned company -, this Tuesday afternoon marked one of the biggest milestones for the copper company in its recent history: the agreement to purchase for US$244 million 100% of the shares of Lithium Power International (LPI), the firm that owns the Salar Blanco lithium project, in the Maricunga Salt Flats, which will allow it to accelerate its commitment to enter the lithium business.
The acquisition of the Australian firm, its neighbor in the second salt flat with the highest concentration of lithium known in the world - only surpassed by the Salar de Atacama -, consolidates the position of the Chilean mining company in the deposit. There, Codelco has assets for nearly 2,500 hectares, while Salar Blanco contributes another 2,541 hectares, although only 1,125 are from before 1979, the year in which lithium was reserved exclusively for the State.
In Maricunga, Codelco only concluded the salt flat exploration campaign in April of this year, which yielded promising results. At the time of making public the lithium concentrations found in different drillings, the state company indicated that the first economic profile study of its project would be carried out at the beginning of 2024.
Codelco's incursion into Maricunga began in 2016, when the second government of Michelle Bachelet instructed the mining company to analyze the feasibility of a business model for the use of the Maricunga and Pedernales Salt Flats.
The schedule for the purchase of LPI
This Wednesday, further details of the agreement between the Chilean state company and the Australian firm were known. LPI made public some terms of the purchase and sale agreement, a document prepared by Ashurst, a law firm that acted as legal advisor to the Australian firm. The 100-page text was signed by the outgoing Vice President of Administration and Finance of Codelco, Alejandro Rivera; in addition to its executive president, Rubén Alvarado, and was also signed by two directors of LPI: David Hannon and Andrew Phillips.
The document details that conversations between the parties formally began on August 21, the date on which they signed a confidentiality agreement.
According to the information published by LPI, the plan that was launched yesterday contemplates that the acquisition be approved by the Australian Court of Justice. This body would hold its first hearing to begin analyzing the transaction on December 13. Two days later, LPI shareholders will receive a report with the details of the agreement, which will explain the reasons that the ocean company's board of directors had for unanimously recommending approval of the agreement, as well as a report from an independent expert on the benefits that giving the green light to the transaction will bring to shareholders.
The calendar continues with two additional meetings, but they will take place next January. On the 23rd of that month, the Australian company's shareholders are scheduled to meet to vote on the proposal. The operation requires the approval of at least 75% of the shares to be approved. Then, on the 29th, the court will hold a second hearing to review the transaction, and the next day, at the end of the first month of next year, the agreement would go into effect.
Thus, if all subsequent stages make the transaction viable, the purchase and sale contract would be formalized on February 1, and its implementation would finally occur seven days later.
The deal contains standard exclusivity clauses, including restrictions on LPI not buying, speaking or initiating further due diligence, plus a fee of A$3.8 million (about US$2.4 million) in any event of the parties decides to break with the agreement.
Cristóbal García-Huidobro, CEO of Lithium International Power, assessed that the agreement reached with Codelco “offers LPI shareholders the opportunity to realize an attractive amount in cash,” stating that the agreed price “reflects a compelling premium of 119%” over the closing price of the share on September 26, 2023, a day that reflected the last transactions of the paper before LPI recognized that talks with Codelco were underway.
“The transaction provides certainty to LPI shareholders compared to a stand-alone development scenario for the Company's Maricunga Lithium Project and in the context of an overall uncertain economic outlook,” he added.
64_chairs... only_5 occupied_in latest_Lithium seminar
by and for the "experts" in Chile https://www-reporteminero-cl.translate.goog/noticia/noticias/2023/10/seminario-futuro-litio-chile?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en
Everyone has long ago had their maximum fill of all the bullshit talk talk talk in Chile.
The Doctor
LPI sold for a song at AUS$0.57/share
Codelco to buy Lithium Power for US$244 million https://www.mining.com/codelco-to-buy-lithium-power-for-244-million/
Codelco enters lithium fray with Lithium Power buyout offer https://www.mining-technology.com/news/codelco-lithium-power-buyout/?cf-view&cf-closed
Codelco agrees to acquire Australian lithium company for US$244 million and accelerates its entry into the industry https://www-emol-com.translate.goog/noticias/Economia/2023/10/17/1110293/codelco-acciones-lithium-power-international.html?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Details https://app.sharelinktechnologies.com/announcement/asx/42d12e0b123de3e1629860d86a341fa1
May all the focking incompetent stone-walling clucksocker Aussie management and Crystalballs that ran LPI into the toilet while keeping us shareholders in total darkness over the last 7 years rot in hell.
The Doctor
Dear_Uncle Posco,_you've just_gotten an_amazing_free look
at the absolute "base" lowest figure for buying LPI which is a solid AUS$0.57 per share.
Are you now thinking what I am thinking? That you come in through the backdoor October 23-ish with a slightly fatter counter bid of AUS$0.65 per share and if you are successful then you comfortably simply sit on the Maricunga property until Lame Duck Gabby Boric and his thieving commie henchmen are voted out in 2025?
The Korean government (ref Minister for Trade Dukgeun Ahn seen shaking hands with Nicolas Grau yesterday) definitely wants you (ie Posco) to make a bold move into lithium inside Chile http://www.koreaherald.com/view.php?ud=20231018000392
Just to minimize your risk if I were you... I would simply/gladly wait and see if the all time blockbuster "triggering event" of Javier Milei winning the presidency in Argentina on October 22 happens. If indeed the right wing under Javier Milei takes over Argentina also (as done in Ecuador Sunday) then it will be more than clear that these South American rapist/extorting self-enriching leftists/commies are finally on their way out of government(s).
The Doctor
PS, If you (ie Posco) buy LPI then I would simply petition the new Chilean right-wing government in 2026 to easily SRO (Ship Raw Ore) from your Maricunga property into your refining plant just across the border in Argentina for final refining as "fair play" https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173041549 easy peezy.
Plus if you are then loading refined lithium from Argentina on the Atlantic Ocean coast (eg Buenos Aires) then you have a straight shot to all the European markets (especially Germany) and the deep water ports along the USA Carolinas for delivery of lithium to Korean companies LG and Samsung in America.
Dear_TheGekko you_sick fock,_do you_have no_shame at_all?
How can you be so crass and outright insensitive to shareholders' current pain today to still show your lying scam-complicit faggot face on LPI-Hotcopper? https://hotcopper.com.au/threads/ann-lpi-codelco-enter-into-binding-scheme-implementation-deed.7641553/page-110?post_id=70406450
You must be sick in the head.
The Doctor
You_can bet_yourass Chile_is getting_Belt&Road funding
(plus secret "mucho gracias" payoffs to top government officials) next from China for a new railway from Mejillones Chile over to Salar Centenario Ratones in Salta Argentina to haul lithium "due west" (shortest path) to Chinese Tsingshang newly situated right on the Pacific Ocean coast in Mejillones Chile for refinement, processing and manufacture into lithium batteries/components. https://www-df-cl.translate.goog/economia-y-politica/gobierno/boric-y-xi-acuerdan-profundizar-relacion-estrategica-para-un-crecimiento?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Dear Dear Mommy's Boy Gabby Boric, if the Chinese & French in Argentina can now ship their lithium ore due west "toll free" to Mejillones Chile https://www-redimin-cl.translate.goog/grupo-chino-que-construira-una-planta-en-mejillones-tambien-tratara-ahi-litio-proveniente-de-argentina/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp can us Chileans in Maricunga ship our lithium ore due east likewise "toll free" to Posco in Argentina? https://www.reuters.com/markets/commodities/posco-backed-group-invests-lithium-technology-startup-energyx-2023-10-17/?rpc=401&
The Doctor
SEA:_19,000 people_trained in_environmental matters_2023
https://www-maray-cl.translate.goog/sea-mas-de-19-000-personas-se-han-capacitado-en-materia-ambiental-durante-2023/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
These 19,000 people (eg scammers, tree-huggers, professional indian welfare moochers, extortionists, Karens, commies) have been trained not to help miners but to professionally throw obstacles/lawsuits/monkey-wrenches into the path of any miner trying to build a mining operation in Chile... you never hear of a SEA official actively trying to help a miner "get permitted" in Chile. The only thing you hear of regarding SEA is how they have either delayed or killed another jobs-producing mining project in Chile. Think about it... when have you ever heard of SEA "trained" agents/volunteers ever helping a miner get a permit approval? And you can bet nearly all these 19,000 trainees were simply scamming thieving moocher leftists/commies off the street perfecting/expanding another grifting skill set for themselves.
The Doctor
US$2B_Mining Equity_Fund Appian_unloads on_Shile
(FYI Shile=Shithole + Chile) https://www-redimin-cl.translate.goog/ceo-de-appian-y-nuevo-fondo-de-capital-privado-minero-destinaremos-una-parte-significativa-a-chile/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Shile is bogged down in too many/much governmental permitting and brain-farting Codelco can't make the crucial necessary "quick" smart decisions to save its ass.
Dear Appian, you are wise beyond your years.
The Doctor
Analysis_of horseface Aurora_Williams' LME_tour in_London
Blah blah blah National Lithium strategy blah blah blah coordination dialogue yada yada challenges blah blah blah fluid processes blah blah blah processing permits up/out the wazoo yada yada and blah blah critical initiative(s) blah blah blah. Then round table yada yada yada and bilateral blah blah kickbacks blah blah government-sanctioned extortion blah blah and more blah blah blah https://miningpress-com.translate.goog/nota/358487/el-balance-de-la-gira-de-williams-en-londres?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
The Doctor