Bearing Lithium Corp. (fka BLILF)

[Dr_Vonschellan]

Climber18,_don't hold_your breath_on Baldo_solving anything_in Chile
of any consequence especially anything that would help us. https://www.reuters.com/article/us-chile-lithium/chiles-sqm-to-decide-on-future-of-lithium-holdings-in-maricunga-by-years-end-mining-minister-idUSKBN1Y21KZ

First off look at the Reuters picture. That little weasel backstabbing midget #2 in the second chair from Baldo's left side is Nelson Pizarro former CEO of Codelco and our eternal nemesis. He is way way on the "inside" in Augusto Pinochet's deep state fascist government (The King is dead... Long Live the King!). You can bet he most likely already owns a shitload of SQM & Albemarle stock so he will be doing everything he can to scuttle any progress in Maricunga which is getting chock full of high-energy low-overhead interloper lithium miner vipers (especially viper #3) hellbent on making local low-class peons into employed/working middle-class educated anti-fascist voters (minimum 600 voters) when it comes to lithium. Nelson will be peachy keen status-quo happy just to keep SQM & Albemarle and only them in-charge/in-control over Chile paying out their generous broker fees and fat suitcases of cash to the grease-the-skids-government/bureaucratic-sycophants plus dividends to top dog Chilean oligarchs and I mean that literally with no sarcasm. If SQM & Albemarle are (and continue) to sandbag on paying a fair share in taxes/royalties inside the 20-mile oceanic border not influenced by any "accountable" LME pricing index... then all the better for the shareholders, wink wink. Pizarro will poison the whole barrel of CRU World Copper Conference attendees/apples including dopey Baldo, mark my prediction.

So now running-out-of-time desperate do-nothing-but-jawbone Baldo (and that midget #1 Sebastian) wants SQM by "politely asking in a civilized manner" head knocker Julio Ponce (Pinochet's son-in-law) if he will pretty pretty please with sugar on the top "participate in a work group to determine what it will do with its fragmented third-class properties in Maricunga?"

I am going to take a wild guess at what Julio Ponce might say to Baldo early next week...

Dear Baldo you stupid jackass, can't you see that SQM & Albemarle are trying to bankrupt MSB SpA and that puffed-up pretend race car bon vivant Martin Borda? Are you fucking blind? MSB SpA holds the El-Primo jackpot mother-lode of lithium in all of Maricunga and just by themselves using the latest German membrane technologies for lithium extraction will in short order be running straight right up our Atacama ass unless we cough up $2,000,000,000 to upgrade our antiquated facilities struggling to keep making quota under the worsening climate change conditions (we're at a lower altitude than Maricunga) on top of the increasing pressure to ease up on fresh water intake to satisfy the crybaby local farmers and smelly peons who enjoy drinking water daily. The ball-breaker for my ultra-rich hierarchical (but currently cash short owing to the riots) family is that our new Chinese partner will not pump that $2 billion into SQM unless I give them another 11.1% of SQM Chile... and that would amount to self-castration which no beaner will do of his own free-will and you don't have the balls to legislate anything that would force me into that vise-like position. So you see, we need to continue to throw even more roadblocks/congressional-inaction/bureaucratic-60-day-delays/time-wasting-Q&A-paperwork into the path of MSB SpA until they run out of money after paying their overhead. Once they run out of money, we can buy their Maricunga property for 2 cents on the dollar, erect a fence around the whole "annoying" salar and shut it down while we go back to our old-fashioned evaporative brine pools in Atacama, deprive the Chilean government of any increased tax revenues from Maricunga and keep our stranglehold on the testicles of the entire Chilean government while the rest of the planet explodes into the electrical automobile revolution which my father-in-law so brilliantly foresaw all those many years ago.
Sincerely yours
Julio

I trust this answers your question Climber18.

The Doctor