LI3 Energy Inc (fka LIEG)

[Dr_Vonschellan]

Rejoice amigos! LPI_is_not_dead. They_still_speak_to_us_from_the_funeral_parlor
.... and here we thought they were dead. Our Aussie 32.5% partner awoke this morning to answer/clarify (Click Here) an earlier iHub post regarding the possible new increases under the current Centrist Lefties in the lithium royalties extracted from Chilean lithium miners Click Here for iHub post.

LPI is telling us that contrary to the golden rule of "what's good for the goose is good for the gander"... the government's proposed royalty increase on lithium will only affect those miners in the Atacama region and not the lithium explorers (trying to invent themselves into miners) in the Maricunga region. Well this is good news, would you not agree? Now let's hope the Communistas agree with LPI on their interpretation of the golden rule.

Strange, LPI is saying in this news update that they are now 50% partners in the NewCo JV. I thought they were only 32.5% partners until they pay the last $9,520,000 which they owe the JV Click Here to see the revised 2018 payment plan.

Did the Ozzies pull a fast one on us and pay this outstanding $9,520,000 early when no one was looking? Boy, now wouldn't that be a nice surprise for everyone (including us mushroomed peasant LIEG shareholders) struggling in 2017?... but I doubt that happened. I sure wish we could bring in a fourth JV partner as a real pick & shovel miner to take that last 17.5%... don't you wish that too?

The Doctor