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Re: None

Monday, 08/19/2019 4:55:57 PM

Monday, August 19, 2019 4:55:57 PM

Post# of 2723
Mick_Z, yes we_have fallen_into the_perfect storm_pickle

I think the new Ganfeng deal in Argentina click here or click here is written/funded completely in US dollars... US dollars in and US dollars out. This almost zero-risk Cauchari-Olaroz lithium brine project will steamroll ahead of us now even as Argentina sinks further into IMF default/sheet in the the new guns-blazing wall-to-wall-gorgeous-whores free-booze-for-everyone "wild west" fixing to set up shop just across the border from us stuck over here in this banana-republica Chile. Ganfeng will rob us of any still-on-the-fence lithium battery maker we could possibly approach for the 2nd portion of the Maricunga Capex we need in order to pull ourselves up off the ground and finally get into the lithium game.

We're in deep shit having signed anything with Codelco. If we don't have a signed contract with those pricks and more importantly if we don't have an approved EIA then we have nada and are no further ahead than we were in 2012 when Codelco was trying to Lord over us back then also. We will always be negotiating from a position of weakness with Codelco without an approved EIA in our hands (assuming the government does not invent a new government agency we need an approval from next in order to actually mine lithium).

The Doctor

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