LI3 Energy Inc (fka LIEG)

[Dr_Vonschellan]

When is the vote ?
Nobody knows.
I am not joking... nobody knows.

My guess is neither LPI or Bearing is going to invest any more big bucks or fully commit to this deal (and us at LIEG) in Chile until they know who is buying/leasing/JV-ing the Codelco Property next door to us in Maricunga. The hot-body big boobs beauty queen Codelco property on the salar right next door to us can be likened to a pre-greased Jared Kushner (ie Mr Ivanka Trump) highly sought-after sweetheart-deal EB-5 immigrant investor visa. The Codelco property is most likely coming to the new JV-partner/lessee/buyer "pre-greased" for getting unconditional mining permit approvals from the presidential palace, so I am thinking our "team" is going to slyly sit waiting in ambush of the new Codelco JV-partner/buyer/lessee during his due diligence to pitch to him on also buying our Maricunga properties and then getting powerhouse 800lbs gorilla Codelco to work its arm-twisting magic in the halls of the legislature to wrangle approved mining permits for BOTH properties that have been rolled into one huge contiguous enchilada for purchase/lease/JV.

If Codelco entices Tesla or Volkswagen or BYD or Ganfeng or Mr Big to JV/lease/buy the property next door then our NewCo hybrid concoction Team will simultaneously try to also sell our Maricunga project to Tesla or Volkswagen or BYD or Ganfeng or Mr Big.

If Tesla or Volkswagen or BYD or Ganfeng or Mr Big buys both (ie Codelco AND NewCo) properties then you will see Bearing wanting to put a wedding ring on our LIEG finger faster than a high-speed lickety split scramble to the salad bowl with LPI trailing behind by one millimeter.

The alternative is to wait until the remaining leftists are completely thrown out of government in the Chilean November 19 elections and pro-business presidential candidate Sebastian Pinera takes over, that is IF he wins. If Pinera takes over then business in general in Chile could revert back to normal capitalist standards and everyone will once again be competing on a fairly level playing field sans the leftist BS that is crippling the current environment.

The problem for LPI and Bearing is that if nothing of significance (including benchmark goals) gets accomplished on the NewCo agreement until after the November 19 election which is (sadly for them) almost the end of the pre-nup agreements we have with these two suitors then "sly patient fox in the hen house" LIEG could possibly scratch together a million bucks to cover 6 months of operations and tell LPI/Bearing to go find someone else to marry as we (with perhaps our one true long time lover MSB) sail off into the sunset with a new Big Daddy Warbucks (eg a pal of El Presidente Sebastian Pinera) who is willing to pay for us 4 or 5 times or more than LPI/Bearing was willing to pay for us in 2016.

The Doctor

PS, LIEG shareholders, vote NO on the merger with Bearing and demand our BOD give us their written progress report before June 1.