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I_predict this_Trading Halt_will last_at least_4 weeks.
Too much speculation and "connecting-the-dots" on this Maricunga deal has taken place since Sunday which can not be put back into Pandora's box plus the biggies who want to devour us (like Rothschild, Aramco, Ganfeng, Zinjin, Ford, BYD, Tesla) want to hedge their bets for "just" 4 more nail-biting weeks waiting on Argentina.
My trepidation is in part based on the presidential elections in neighboring Argentina October 22 https://finance.yahoo.com/news/lithium-boom-argentina-hinges-politics-223220780.html which could spell partial doom for Argentinian lithium miners (driving everyone into Chile & Bolivia overnight) or keep these "daring" Argentinian miners afloat on a relatively safe equal footing (at the least) with Chile... it's 50/50 going now.
In any event, I don't see management allowing us to move/trade any more shares for 4 weeks now.
The Doctor
Dear_Maximo Pacheco,_you're on_JP Morgan's_shit list in case you
didn't already know it. I'd start looking for a new job next week because your days at Codelco are drawing to a close.
https://www-df-cl.translate.goog/empresas/mineria/jp-morgan-le-cree-a-codelco-podra-cumplir-con-todas-sus-obligaciones?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
... and for cripes sake, get a shave... you look like an unkempt tootie frootie bum.
The Doctor
Dear_Martin Borda,_simply show_us the_Rothschild NDA and tell
us if Aramco has made you sign a similar NDA rider.
That will be enough for now.
The Doctor
Government Budget-Masters warning Boric to fix Lithium NOW!
https://www-ex--ante-cl.translate.goog/utilidades-de-codelco-ingresos-por-el-litio-y-caso-convenios-consejo-fiscal-autonomo-advierte-10-riesgos-para-las-finanzas-publicas-en-chile/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Dear Lame Duck Gabby Boric, when you go to bed tonight you better pray to the Jewish gods that Rothschild Bank comes up with a real plan to pull your ass out of the budgetary fire within four days. Tick tick tick...
The Doctor
We_called for_a Trading_Halt Monday. It's_here on_Wednesday
We called for a Trading Halt on Monday. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172888618
It's finally here on Wednesday. https://app.sharelinktechnologies.com/announcement/asx/c7e8a8198be0a13c0649ccba8be8cdd5
Now let's hope we get the straight "scoop" this time... for a refreshing change.
The Doctor
Ooops,_Gina might_kick Albemarle_out of_Liontown lithium_deal
https://www.miningweekly.com/article/australia-billionaire-weighs-in-on-albemarles-takeover-target-liontown-2023-09-26
Dear Rothschild & Mohammed bin Salman Al Saud, you know... it's funny how these lithium deals seem all wrapped up yesterday and then poof! In a few hours the whole table is spun around 720 degrees with totally new players "playing/buying".
The Doctor
Dear_Rothschild, you_will have_no problem_twisting Codelco's_balls
off (or twisting them into any shape imaginable) on anything you dream up for Maricunga lithium... the "field" is wide open to you... but then I am not telling you anything that you don't already know.
https://www.mining.com/web/codelco-to-meet-obligations-as-financials-deteriorate/
The Doctor
Dear_Pablo Altimiras_SQM, if_you show_us your Rothschild_NDA
then we will show you ours https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172824329
Mexican_beaners cancel_signed Ganfeng_lithium contracts
https://mexiconewsdaily.com/business/mexico-cancels-lithium-mining-concessions/
Dear Mexico Beaners, you have not only cut your own two balls off but you have by simple spick-association also taken one on our Chilean beaner balls off in your insanity of outright reneging on a fully-signed contract and focking the Chinese. This is why Whitey, gringos and the chinks don't trust us beaners... beaners are the low-riding, backstabbing, can't-believe 'em, cheating, thieving, lying scum of humanity and bro'... you Mexicans just proved it again in full view of everyone on the planet.
The Doctor
Dear_Rothschild, tell_the focking_Saudis our_price is_US$1.43 Billion
for the premier Maricunga mining "piece" of land in the Maricunga bonanza and cut theshit https://www.afr.com/street-talk/lithium-power-international-lines-up-defence-as-codelco-circles-20230926-p5e7sn
or click on this kludge https://hotcopper.com.au/threads/general-lpi-discussion.7277047/page-514?post_id=70042715
This is the exact same US$1.43B price we highlighted/slipped to Rio Tinto on September 19 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172856635 and you deal-makers are lucky we haven't raised the price in the last week because you gotta' know by now that Russia/Bolivia/Iran will be coming for us in 2024/2025 for sure https://vpk.name/en/776628_where-to-find-the-lithium-blood-of-the-economy-of-the-future.html as soon as it dawns on them that their cost-to-produce a tonne of that inferior grade Russian lithium is going to cost 3 times our US$3,937/tonne price.
If the Saudis want the mother lode in Maricunga then the price for our property is US$1,430,000,000... end of story.
The Doctor
Michele_Bachelet could_get the_royal shaft._Constitution Rewrite
Convention II (ie new constitution draft) wants to limit a person to 2 terms as president in their lifetime.
https://www-cnnchile-com.translate.goog/pais/consejo-aprueba-norma-dos-mandatos-presidenciales-bachelet-pinera_20230926/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Such a new constitutional law would take Michele out of the 2026 presidential race once and for all... which then sadly kills Michele's Mommy's Boy Gabby Boric's chances of getting a presidential appointment as royal Santiago dog catcher in 2026.
The Doctor
Some new Aclara milestones for Penco
https://www-redimin-cl.translate.goog/aclara-resources-brinda-actualizacion-sobre-la-estrategia-de-desarrollo-y-permisos-para-el-proyecto-del-modulo-penco-en-chile/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Presentation of EIA 1: first quarter of 2024
Expected approval of EIA 1: Q4 2025
Presentation of the feasibility study: third quarter of 2025
Construction: first quarter of 2026
Production: second quarter of 2027
It is hard to believe the short-sighted leftists/commies in this temporary Chilean government of communistas are so stupid that they are endorsing all these roadblocks/delays to Aclara over 6 focking scraggly orange trees which you could buy new superior-bred more-healthy in any nursery for $400 to $600 each as replacements re-positioned to any property in Penco the whining environmentalists wanted to preserve/block-off for their cherished tribal orange-sucking parties in lieu of having 900 new high-paying jobs in Penco on the Aclara mining works.
The Doctor
It's official, everyone (except Boric) knows Boric completely focked
up the lithium business in Chile https://vnexplorer-net.translate.goog/sufren-las-arcas-fiscales-el-boom-del-litio-se-esfuma-y-su-precio-baja-mas-del-70-desde-su-maximo-historico-s5666342.html?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp&_x_tr_hist=true
When Latercera admits it... then indeed everyone knows... even the lefties, commies and all the faggots in Chile know it now unequivocally.
The Doctor
Dear_Ford Motor_Company, you_should now_talk to_Chile about
bringing your cancelled US$3,500,000,000 battery plant to Chile instead if Rothschild Bank would put its "blessing" on the switch based on their high-speed negotiations to straighten-out Maricunga here which could then be the template/impetus for future lithium successes in Chile... instead of trying to build something progressive for the people/rednecks in myopic Republican-crapped-on focking Trump's AmeriKKKa heartlands like Michigan's outback.
The Doctor
Crystalballs, show us OUR Rothschild NDA now!
Rothschild_is the_front for_Aramco... the_Saudis want_us/Maricunga.
Codelco will be squeezed into a minority position on this deal owing to the Golden Rule which reads:
He who controls the Gold controls the Deal.
Rothschild and Aramco control the Gold... not Codelco.
The Doctor
I_vote Monday_morning there_should be_a trading_halt with_management
officially notifying (explaining) the Rothschild NDA and/with the associated repercussions to us.
https://www-redimin-cl.translate.goog/la-negociacion-a-dos-bandas-de-codelco-para-ingresar-al-negocio-del-litio/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp See paragraph 10.
For this business, Codelco recently made a key decision: hire an investment bank to advise on the negotiations. The chosen one was Rothschild, an agent with a global presence, say those who know the steps of the state company. Furthermore, people who know this business say that there are already advanced conversations with Lithium Power International and that due diligence on its assets has even already been initiated.
Also see https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172886357
The Doctor
Saudi_Arabian Ambassador_to Chile:_Yes, we_want your_Lithium
... we now go on record September 23, 2023 9:00PM with our intentions https://dfmas-df-cl.translate.goog/df-mas/por-dentro/embajador-de-arabia-saudita-en-chile-aramco-forma-parte-de-una-gran?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp see paragraph 2
Top level Saudi "front persons" for overseas investment Ms Reem Al Tharwa commercial attaché in the United States (Washington DC) and Khalid Al-Falih, who is the Investment Minister of Saudi Arabia were both in Chile August 4 for very high level talks with Chilean Ministers Diego Pardow, Alberto van Klaveren and Jessica López to specifically discuss lithium mining (which was not widely divulged previously until today September 23, 2023 also 9PM) https://dfmas-df-cl.translate.goog/df-mas/por-dentro/quienes-son-y-que-busca-el-reino-de-arabia-saudita-en-chile?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp see last paragraph.
The Doctor
Now_we see_the light._Rothschild is also_"advising" Aramco._I knew_the
Saudi's weren't coming to thisfockingshithole Chile for oil of which Chile has none https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172885092
No, these Saudis are coming to Chile for Lithium... and their strong arm Rothschild "advisors" is going to line it up for them with a pretty pink bow tied on the top of it with Codelco's help... errr Codelco's "input" https://www.arabnews.com/node/2187136/business-economy
and you can bet that any Aramco lithium from Chile is going right back to Jubail in Saudi Arabia for further processing probably as DSO (Direct Shipment Ore) for at least the first 4 or 5 years exactly as Liontown (ASX:LTR) is going to do https://www.dailytelegraph.com.au/business/stockhead/liontowns-lithium-dso-move-could-have-regional-lithium-players-pondering-similar-strategy/news-story/4f2ee1072e0c40e6246cbd38008e4bd6 which is going to shake up the whole lithium industry top to bottom. There is miles upon miles of empty desert around Jubail perfect for "just temporarily" dumping (ie storing) lithium spoil with no treehuggers bitching about it... or least treehuggers who like having their heads remain attached to their bodies. Plus Jubail processes nearly all its freshwater from desalination plants right there on the coast of the Persian Gulf. They have cheap cheap cheap fresh water coming out their Saudi asses in Jubail plus cheap cheap cheap electricity in Jubail compliments of Bechtel. If Elon Musk starts talking about building another EV or battery factory in Saudi Arabia in the coming months then this move by Aramco in Chile is a slam dunk.
Get ready kids... this coming week is going to be a humdinger.
The Doctor
Dear_LPI BoD,_did you_lying sacksofshit_sign a_NDA w/Rothschild Bank?
And did you scumbags sign this NDA without even giving us 6 years-running crapped-on shareholders the polite courtesy of telling us you were signing such a restrictive news-blacking-out document?
https://www.latercera.com/pulso/noticia/la-negociacion-a-dos-bandas-de-codelco-para-ingresar-al-negocio-del-litio/PSLOHB6IQBDCRFSSWAKLP4647Y/
Hats off to Victor Cofre on bringing us mushrooms-in-the-dark LPI shareholders right up to date on the newestbotfocking Codelco is trying ram up SQM's and LPI's bum with his latest 9/24/2023 comprehensive story in LT Pulso. See Google English translation below.
The Doctor
-------------------------
Codelco's two-way negotiation to enter the lithium business
by Victor Cofre
The state mining company (Codelco) has made progress in its negotiation with SQM to enter the Atacama salt flat, but it is far from a signed contract. The central node (ie sticking point) will be the state control that President Boric demanded, something for which he did not impose a date and which could only occur in 2031. Codelco could soon enter a new company in which it indeed jointly-participates with SQM, but without control or a majority shareholding.
Codelco has another business in progress... it has already signed an investment bank, Rothschild, to negotiate alliances in Maricunga. And there is already talk of a due diligence underway with the most advanced participant in that field: Salar Blanco (ie Minera Salar Blanco, ref LPI).
It's been a stealthy five months. The national lithium strategy that President Gabriel Boric announced on April 20, on national television, had Codelco at its center, which he entrusted with negotiating the State's participation in the extraction of lithium from the Atacama salt flat. But not only that: Codelco, and also ENAMI, would have preference for other associations in the exploitation of other salt flats. And while the strategy advances slowly - it has not yet been defined which salt flats will be competed for, nor when, nor the mechanism -, Codelco has activated its own mandates.
Silently, the state mining company chaired by Máximo Pacheco is making progress on two fronts, although nothing guarantees its success. In the Atacama salt flat, where he develops the most relevant and strategic negotiation, with SQM as counterpart. And in the Maricunga salt flat, where Codelco has assets and a Special Lithium Operation Contract (CEOL) granted by the State in 2018, and has been in active conversations with Salar Blanco (ref LPI), the company that has the most advanced project .
A week ago, Pacheco attended the mining commission of the Chamber of Deputies, where he spoke about Codelco's three objectives in lithium. One is the Atacama salt flat. “It constitutes, without a doubt, the best salt flat in the world for lithium production,” said Pacheco: it has 36% of the world reserves identified to date and a lithium concentration of 2,000 milligrams per liter, when other salt flats in the orb average between 200 and 1,000 parts.
The second target is Maricunga, with a concentration of 1,073 milligrams per liter, according to explorations carried out by Codelco, the second highest in the world. In that deposit there are 40 companies with mining interests, SQM among them, but only two private companies with projects.
The third objective is Pedernales, a salt flat located 60 kilometers away from the Salvador division, which has an area three times larger than Maricunga, but where “lithium concentrations are much lower,” Pacheco warned. It could have potential, he said, but Codelco has not done any exploration. Again, this will depend on still uncertain definitions: Boric promised to preserve for conservation 30% of the nearly 60 salt flats and saline lagoons that are in Chile. And if even Codelco does not know its potential, how will the government be able to define whether or not Pedernales is strategic or if it is useful for ecological protection or business development?
With these three salt flats, “Codelco's plate is very full,” Pacheco concluded. But he still can't take a bite of the plate.
A Bank for Maricunga
“I begin with the Maricunga salt flat,” Pacheco opened his exhibition on September 13. Located 171 kilometers from Copiapó, at 3,757 meters high, “it has almost 40 mining property owners, one of which is Codelco,” he explained.
There are two projects developed by private companies, one is SIMCO, an alliance between the Singaporean Simbalik and the Chilean Cominor, owned by Francisco Javier Errázuriz. The other is Salar Blanco, from the international firm Lithium Power International. Both groups base their projects on mining concessions prior to 1979, which, they claim, enables them to develop the business. Pacheco doesn't think so. “I must comment that, in our opinion, these non-metallic concessions of the old (Mining) Code do not have the right to lithium, due to the fact that lithium is not concessionable,” he stated ten days ago, and announced that Codelco's role will be to consolidate all in one project. “The development of lithium with 40 companies is not sustainable. Let's just forget about it,” he said.
The Maricunga salt flat has an area of 14,000 hectares, much smaller than the 280,000 hectares of the Atacama salt flat. Codelco has assets for nearly 2,500 hectares, Simco almost 1,000 and Salar Blanco 2,541 hectares with almost half before 1979. But the latter has the most advanced path: it has an approved Environmental Qualification Resolution (RCA), a procedure that can delay a mining project for several years. And his belongings are adjacent to those of Codelco. An alliance there seems more than reasonable.
For this business, Codelco recently made a key decision: hire an investment bank to advise on the negotiations. The chosen one was Rothschild, an agent with a global presence, say those who know the steps of the state company. Furthermore, people who know this business say that there are already advanced conversations with Lithium Power International and that due diligence on its assets has even already been initiated.
What is Lithium Power International? A junior company that lists its shares in Australia and whose main asset is the Salar Blanco project. This year it sold another project, its subsidiary Western Lithium, in Australia for about US$20 million (AU$30 million Australian dollars) to the American company Albemarle. And he was left alone with Salar Blanco. “This sale frees up funds for the upcoming development of the Maricunga lithium project,” the firm said in July.
In its diluted ownership, a Chilean has the largest shareholding: Martín Borda, businessman, also a shareholder in the salmon company MultiExport. After a consolidation of ownership with Salar Blanco, Borda was left with 31% of Lithium Power International in 2022. In its optimistic presentations to investors, Lithium Power states that the net present value of Salar Blanco amounted to US$1,400,000,000. But that is with the project already executed: it has already invested US$ 70 million and the construction of a project for 20,000 tonnes of lithium carbonate per year requires another US$626,000,000 (ie CAPEX). The surprising value that Lithium Power assigns to its project, however, is not consistent with its stock market valuation: the company has a capitalization of close to US$100 million (147 million Australian dollars, according to its website).
More about Mining
The doubt among investors looking at the lithium market is the final design of an alliance between Codelco and Salar Blanco and the capital commitments that a project of this style would demand from the state firm, at a time of financial tightness, a position which Pacheco contradicted: Codelco generates an annual EBITA of US$5,000,000,000. “Does anyone believe that Codelco is at risk of insolvency? It seems like a joke to me,” Pacheco snapped after a question from Deputy Gonzalo de la Carrera that day.
Furthermore, if Maricunga is considered strategic, control of the company is a sine qua non (translation: a thing that is absolutely necessary). And Salar Blanco might not want to share control of their flagship project. In recent months, the company has been trying to define the financing structure of a project that it promised to begin building at the end of 2023. To do this, it has its own financial advisor: the Australian Canaccord Genuity.
The protocol meeting of Máximo Pacheco and Ricardo Ramos, general manager of SQM last May.
Crown jewel
“It is an extremely complex negotiation,” Máximo Pacheco told the deputies of the mining commission about the management with SQM for the Salar de Atacama. If in Maricunga the Salar Blanco project aims to produce 20 thousand tons per year starting in 2026, SQM produced 168 thousand tons last year. There, SQM alone leases property to CORFO for 81,000 hectares, six times the entire surface of Maricunga. There is a reason why the presidential announcement on April 20 mentioned the only salt flat that was in Atacama. That day, Boric entrusted CORFO with ordering Codelco to find the best ways to "achieve the participation of the Chilean State in the extraction of lithium in the Atacama salt flat." Boric promised to respect the agreements signed by Corfo until 2030, but imposed a condition that was difficult to satisfy: “If a public-private company is formed to exploit lithium in the Atacama salt flat, it will be controlled by the State through Codelco.” . But if SQM doesn't want to, everything remains the same until 2030.
The fires opened on Friday, May 26. That day, Pacheco received the general manager of SQM, Ricardo Ramos, at Codelco and the face-to-face began. This was an almost protocol meeting: the first meeting between the negotiating teams took place on Monday, June 5, in the offices of Carey, advisors to Codelco, which also signed the investment bank Morgan Stanley as an advisor. SQM works with Bank of America and its local law firm is Claro y Cía., where meetings have also been held, alternating the location of the meetings.
According to several people familiar with the matter, the talks are far from over, but there has been progress that no one wants to go into too much detail. Both parties declared strict confidentiality. The process is complex and has advances and setbacks, with definitions that impact other definitions. On the negotiating table, for example, is increasing SQM's production quota between now and 2030, when its contract expires.
“As of December 31, 2022, there are only 8 years left in the validity of the CORFO Contracts and we have extracted approximately 38% of the total accumulated limit allowed for the extraction and sale of lithium,” said SQM in its 2022 annual report, the so-called 20F. .
SQM and Albemarle - the other tenant of property in the Atacama salt flat - contributed more than US$5,600,000,000 to the Treasury last year, in the midst of a historic price boom. That could put urgency in increasing production: other countries are increasing their supply and the price has fallen sharply.
The Control
But the central point of the entire discussion will be obtaining control of the new company that is CORFO's tenant... Codelco wants control immediately and SQM is refusing that. Why give up, more than seven years in advance, control of an asset that you control until December 2030? At Codelco they respond like this: due to the expectation of continuing to participate in the Atacama salt flat - which contributed 80% of its income in 2022 - beyond 2030. The threat was directly stated by Pacheco ten days ago. He said in Congress: “The board authorized starting negotiations with CORFO to define the terms of a lease contract starting in 2031, where the lessee, which until now is SQM, would start in 2031 Codelco. And that is the conversation we have with CORFO today.” His words surprised several investors: the contract establishes the option of bidding for a new lease contract no later than 2027 and SQM could demand that this, in order to preserve fiscal coffers and an international competitive process, be done via tender. And not a direct route to Codelco. CORFO, however, is protected by the same contract: it can bid, but is not obliged to do so. “What if the government changes direction in 2026 and decides to go back on that decision and put out to tender the contract beyond 2030 to the highest bidder?” asks an investor.
In any case, some admit that it will be difficult to obtain control - or the majority shareholding, which is different - before January 1, 2031. According to some sources, there is consensus between the parties on this. One solution is for Codelco to become a minority owner of a new lithium subsidiary of SQM and then increase its participation until it reaches 50% plus one share. When? 2031. Or before; It will depend on the negotiations. What is this thesis based on? In that the presidential mandate is to achieve control, but Boric did not impose a peremptory date. No official document indicates when this should happen, recalls a person who has known about the negotiations. The letter of May 26 that José Miguel Benavente sent to Pacheco, among his orders, requests that “Codelco, as a company of the State of Chile, achieve control of the company that is formed for these purposes.” But he doesn't say when.
Others doubt it: control will be before 2030, they say. To do this, of course, it will be necessary to distinguish what everyone understands by control. And the discussion about control is more complex than 50% plus one share of a public limited company. The securities market law says that control of a S.A. It is obtained by securing “the majority of votes at shareholder meetings and electing the majority of directors” or by having decisive influence, which is when a shareholder has between 25% and 40% and there are no other partners who exceed their percentage. But there are other ways too. The same, for example, that SQM has, which has two series of shares: A, which elects seven directors, and B, which elects only one, and where both have the same economic rights. “Control a business you don't know?” says someone about Codelco's claims to illustrate how key it is to define control.
What is relatively clear is that Codelco will not have preeminence over SQM at the beginning of an eventual alliance. Its only contribution will be the contract beyond 2030 - in addition to, in the name of CORFO, allowing production to be increased - and it would hardly be able to contribute with millionaire fresh resources.
Dear_Saudi Arabia,_you may_say you_are coming_to Chile_for oil,_but
no one especially in the mining business believes that is the only thing you want here in Chile. https://vnexplorer-net.translate.goog/el-mercado-de-mas-de-us20-mil-millones-anuales-al-que-ingresa-aramco-s5595642.html?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp&_x_tr_hist=true
We here on iHub know the real reason you are are getting all comfy/kissy and setting up shop in Chile... you want a good time in Chile. Well, for a real good time in Chile... then call 56 223 806 000 any evening after midnight.
The Doctor
Dear_President Zelensky,_as intimated_we Maricunga_miners are_more
than agreeable to furnishing all the lithium you will need for your homemade battery-powered drones/mini-bombers in Ukraine in order to bomb the piss out of Russia in a death by a thousand cuts strategy... it was a vicarious honor today for all of us in Chile to meet with you midweek and your delegation in New York City
Click here for the Zelensky-Boric video. Note: all lithium discussions are redacted in the video.
Glory to Ukraine!
The Doctor
Dear_Suckers, trust_US$36B-in-debt Codelco_to solve_all our_Lithium
leftist/commie-made problems/roadblocks in Chile even though Codelco copper production & profits are dropping like a big stinking bagofshit.
From Nicolas Grau (voted #1 best used car salesman in Chile for 2 years running)
https://www-redimin-cl.translate.goog/grau-defiende-el-rol-de-codelco-en-la-politica-nacional-de-litio-y-su-valor-como-empresa-tras-sus-menores-ganancias/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
Good_chance Bolivia/Russia/Iran will_not takeover_Chilean
Red Corridor in 2024 or first half 2025 since Russia's lithium supply seems to have stabilized for now Imports of feedstock for lithium production in Russia have stabilized - TVEL
Whew, well we should be safe in Chile for the next 18 months I would reckon.
The Doctor
Send_nude pictures_of your_mom to_FrankRockefield and_he will_share
the latest secret load ofbullshit he has clandestinely heard from LPI management with you https://hotcopper.com.au/threads/general-lpi-discussion.7277047/page-433?post_id=69966978
The Doctor
Whew,_at least_Boric didn't_beat an_effigy of_Pinochet on_stage
in front of the entire United Nations assembly https://www-ex--ante-cl.translate.goog/robert-funk-y-discurso-en-la-onu-no-me-sorprenderia-que-de-repente-boric-apareciera-en-kiev/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp embarrassing us all.
Well, with this Michele's Mommy's Boy Gabby Boric going out in public more in his final 2 years we all need to be thankful for the little things that don't further convince the rest of the world that we are all whacked-out homo-loving freeloading anti-business thieving leftists/commies in Chile.
The Doctor
Leftist/commie lithium_permitting is_focking killing_Chile!
If you don't believe me then listen to Minister of Finance Mario Marcel.
Marcel and permits: “A project cannot be processed for 7, 8 or 10 years because the conditions going forward will be different” https://www-ex--ante-cl.translate.goog/marcel-y-la-permisologia-un-proyecto-no-puede-tramitarse-7-8-o-10-anos-porque-las-condiciones-hacia-adelante-van-a-ser-diferentes/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
The Doctor
If_I was_Rio Tinto_trying to_buy LPI_for way_less than_US$1.43B then_I
would be saying to everyone and the especially the media "Rio Tinto sees building its own lithium mines as better than buying"
... and I bet you also would be saying the same thing if you were Rio Tinto.
Am I correct?
The Doctor
Lithium_in Chile._The past,_the present...and who to_blow
in the future to get things back on steady track... maybe https://www.qmul.ac.uk/media/news/2023/hss/pinochets-shadow-privatisation-in-chile.html
No_Chilean lithium_juniors will_be providing_lithium to/for Joby_Aviation
in Dayton Ohio who will be building 500 electric vertical take-off and landing (eVTOL) aircraft per year starting 2025 https://www.axios.com/2023/09/19/flying-taxis-ohio-aircraft-manufacturing-plant-joby-aviation
Thanks to this little pissant mealy-mouth clucksocker fock-all Whitey/gringos Michele's Mommy's Boy Gabby Boric we Chilean junior lithium miners won't even be providing lithium to toy helicopter manufacturers until after this leftist/commie misfit is no longer president in March 2026 and Chile slowly begins the recovery from this awful nationwide ball-busting strangulation these leftists/commies are inflicting on the country now as hundreds of companies resist the communists' arbitrary demands for more payoffs.
The Doctor
President Erdogan_asks Musk_to build_Tesla factory_in Turkey
https://www.mining.com/web/erdogan-asks-musk-to-build-tesla-factory-in-turkey/
But on a much different agenda up in New York City, Chile's lame duck President Mommy's Boy Gabby Boric is getting ready for the 78th United Nations opening of general debate September 18-22 not by talking to Elon Musk (in a similar great photo-op) about opening a EV plant in Chile but rather on perfecting his September 20 speech on how he can further keep the leftists/commies in Chile locked in a 50-year old victim/siege mentality while his gang of scammers/skimmers/carpetbaggers can profit on the backs of citizens' fears and then once again for the 257th time in his presidential term beat dead horse Augusto Pinochet with another worn-out boring tongue-lashing on a public super-high viewership world stage at the UN.
This little sniveling silver spoon-fed spoiled brat Boric has no concept of priorities for Chile... and bringing new EV jobs to Chile is definitely not a priority for him since flogging a long dead indefensible "can't fight back" Augusto Pinochet is so much easier for his pussy leftist/commie government.
The Doctor
US$2.19_Trillion Aramco_arrives in_Chile
https://www-redimin-cl.translate.goog/aramco-desembarca-en-chile-implicaciones-y-perspectivas-en-el-escenario-energetico/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Arabs are not fond of leftists and commies... but they do like the green stuff.
The Doctor
Ongoing Chilean_beaner tax_reform clusterfock_continues queering_up
foreign (ie Whitey/gringo) investment in Chile... to wit, the third/latest flop of Chile Day bamboozling expos in London. The first was in New York, then Toronto and now London... all dismal flops. Every Whitey/gringo attendee to these Chile Day flop parties who has graduated from basic Finance 101 can recognize Mario Marcel's unsupported/commie-utopian "ginned up" spreadsheets from a mile away https://www-df-cl.translate.goog/economia-y-politica/df-tax/reforma-tributaria-sigue-generando-incertidumbre-entre-los-inversionistas?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
It always amazes me that these leftist/commie scammers in this current government go to Whitey/gringo foreign countries (eg Canada, USA, UK) and always think the local Whitey/gringo natives are as stupid/ignorant/gullible as the local leftists/commies back home in this backward-looking (ie "back" 50 years) shithole Chile.
The Doctor
Under_Boric 60%_of large_companies report_worse results_in 2023
https://www-latercera-com.translate.goog/pulso/noticia/el-60-de-las-grandes-empresas-registra-peores-resultados-en-2023/6UH7QHREHNA2FKPYTPPJUXLLSU/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
This little sniveling commiedickhead Lame Duck Gabby Boric is going to ruin Chile.
The Doctor
Dear_Maximo Pacheco,_where there_is smoke...there is_fire
https://www-redimin-cl.translate.goog/pacheco-califica-de-payasada-los-pronosticos-de-una-posible-insolvencia-de-codelco/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
and/or https://www-emol-com.translate.goog/noticias/Economia/2023/09/13/1107169/pacheco-codelco-deuda.html?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
and/or https://www-df-cl.translate.goog/empresas/mineria/pacheco-califica-de-payasada-los-pronosticos-de-una-posible?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
Sniff sniff... even we little beaners smell the smoke today.
Now imagine how it is going to smell on the 6PM TV news tonight.
The Doctor
PS, Dear Maximo... you're next on the chopping block after EX Mining Minister Marcela Hernando
https://www-guiaminera-cl.translate.goog/crean-comision-especial-investigadora-para-revisar-la-baja-productividad-de-codelco-y-enami/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
You're a loser. Oink oink.
SQM_divides itself_in two in_preparation for_2031. It won't_take
a genius to figure out where (ie to which of the 2 new companies) the "juicy assets" from the SQM parent will "migrate to"
https://www-redimin-cl.translate.goog/sqm-concreta-reestructuracion-interna-y-divide-la-compania-en-dos-unidades-de-negocios/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
The Doctor
--------------
Knock knock
Who's there?
Pablo.
Pablo who?
Pablo Altimiras from SQM Nitrates & Iodine SpA.
Hola Pablo... mucho welcome to Maricunga. What brings you to our neck of the woods?
Mario_on vacation_in London_(Chile Day)._Ho-hum. Expect_nothing
of substance from this 3rd Chile Day side showbullshit tour... other than to set the stage nicely for Mario Marcel's centrist presidential run in 2030
https://miningpress-com.translate.goog/nota/357866/la-mineria-en-el-chile-day-de-marcel-en-uk?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
The Doctor
Oink-oink, Codelco_unselfishly offers_to takeover SQM_lease in_2031 oink-oink
https://www-nuevamineria-com.translate.goog/revista/codelco-asumiria-desde-el-2031-el-contrato-de-arrendamiento-del-salar-de-atacama/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US
... and you know that clusterfocking leftist/commie inspired/backed Codelco will be promptly "leasing" that old SQM properly to the Chinese on January 2, 2031 because no Chilean beaner in his right mind would count on or trust US$36 billion-in-debt Codelco to "direct" mine that SQM jewel in the Atacama. And then cue a royal entry for Ganfeng (ie Xi Jinping himself) from China if Codelco attempts such an overt "business grab" of the Pinochet family primo #1 asset. Plus the emboldened Chinese will then finally begin telling the local nettlesome Atacama indians/protestors/extortionists/scammers/freeloaders to fock-off... with "proper" fock-off conviction then escaping any "sticky" repercussions claiming their intentions were not correctly translated from Chinese to Beaner... but we will all know (wink wink) the true translation.
Codelco also admits to the Mining Commission that they don't have (and will never have) the bucks (ie money) to buy out the 40 land owners in Maricunga without serious JV equity investment by a 3rd party to help them up off the their old rotting geriatric toilet.
PS, the chances of "fall guy" Mario Marcel (Finance Minister) approving this disguised sham of a deal/expropriation in Maricunga for the ultra-communist RP (Radical Party) in Chile will probably be zero if indeed Mario plans to run for president in 2030 as a centrist.
The Doctor
Dear Dear_Eramet, we're not_selling for_anything less_than US$1.43billion
https://www.portalminero.com/wp/minera-francesa-eramet-esta-lista-para-implementar-tecnologia-de-extraccion-directa-de-litio-en-chile/
... that is the current selling price based on NPV... not this current silly child's play cap value artificially in place until Lame Duck Gabby Boric is ejected.
Take it or leave it.
The Doctor
Oink-oink, Maximo_Pacheco testifies_before Mining_Commission, oink_oink
(from the many unofficial transcripts available, we summarize as follows)
Oink oink. Dear Mining Commission, oink-oink Codelco has been trying to get started in lithium mining for the last 7 years but sadly we have jackshit to show for all the money we scammed out of Congress to explore/test the land in Maricunga oink-oink. Additionally we (Codelco) have zero contracts signed to mine on any of the lithium-richer private land bordering our outlying limpdick crippled isolated-from-the-mother-lode morphodite property in Maricunga which does not even have a proper minimum "stopped-up" old-brine lithium reservoir underneath it. After all the testing we (Codelco) have done in Maricunga we still can't even figure out how large the lithium reserves are on "OUR" specific property and we won't even be offering an estimate on that tonnage here today in this Mining Commission meeting (because we will probably need another 100 lesbian/dyke 90-day wonder high-priced recent-graduate engineers from Marcela Hernando's "Team" to pretend running the computers on processing that data). https://www-reporteminero-cl.translate.goog/noticia/noticias/2023/09/maximo-pacheco-codelco-exploracion-de-litio?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en
Oink-oink, additionally, the Codelco property is "too close" to the Tres Cruces National Park and several Colla communities... which as you know the Colla people being bred from a cross between cockroaches & slimy parasitic brine water leeches are fierce protectors (ie professional scam artists/extortionists using the courts run by leftist/commie judges to gouge miners financially) of their desert wastelands/junkyards especially the 60 tribal members of the Colla Pai Ote https://landportal.org/node/89199 who are famous for calling us offensive dirty school-yard names and stopping pussy miners (eg like Codelco) dead in their tracks to then pay outrageous bribes to these inbred thieving welfare-state-created scam-artists. Oink oink.
Oink oink, In closing Codelco notes it often takes 25 years to negotiate a mining contract (see 5th paragraph from the end) and it could indeed take 25 years to negotiate a contract with the main private land owning player(s) in Maricunga if the leftists/commies remain in power... so let's all recess for 25 years and meet up again at that time to discuss how Codelco is doing on getting into the lithium mining business.
Sincerely,
Oink oink.
-----------------------------
Dear Maximo, thank you for attending this Mining Commission meeting without being subpoenaed. We note that you weigh another 20 kilograms (in fleshy body fat) since you first took over your position at Codelco. You really need to stop eating all that pork/slop they serve during the free-for-all Codelco lunch time to you executives... or you're going to have a deadly heart attack before you even first sit down to negotiate with the real lithium players in Maricunga under the old firmly-established current constitution.
The Doctor