Climber18, yes, it_could be_a win-win situation_for us_coming up
We will know no later than October 5 or so.
If the Comptroller wins definitively (with no more Codelco appeals on the horizon) then we will ultimately auto win within one year expending much less of our precious limited energy than ever before (unless Tesla makes a "direct" offer on September 22) since all the old Allende/Pinochet state-controlled businesses/restrictions will be reset to zero after the new national constitution is enacted including the ass-busting poison-pill fascist-loving Lithium Strategic Mineral Classification. Else there will be total fucking chaos and riots by the general population making last October's riots look like childs' play... Chile will be destroyed completely to be 50% (south) taken over by Argentina by default and 50% (north) taken over "vulture-on-the-carrion-style" by the Peru, Bolivian (Morales/MAS-IPSP party) and Venezuelan (Maduro) spontaneous homemade alliance by default also which no one wants.
If Codelco wakes up (which it looks like they did last week) to the fact the DRC along with Peru, etal is going to replace them as Copper King since Codelco copper veins are petering out the deeper they dig, then Codelco has to know their future lies in part (albeit smaller part) in Lithium. For Codelco to "win" now they need MSB_SpA to publicly disavow our newfound love for the Chilean Comptroller and pledge out undying love/lithium-pussy to Codelco uncontested... but to get our undying love/lithium-pussy now the terms of the marriage have changed somewhat. Codelco (with Tesla or VW?) needs to agree on paper to fund the entire $563M CAPEX starting immediately with no more fucking bullshit or foot dragging, their share in the MsBodelco JV partnership drops from 51% to 49% and their requirement to "direct" all the LCE sales abroad which Posco does not take first (under their first right of refusal) goes to their named buyer unconditionally for 5 years maximum, not 15 years, not 10 years. Plus Codelco has to fork over a minimum of 80,000 mtpa LCE quota (up from 60,000 mtpa previously) signed over to MsBodelco immediately. In this scenario then we will ultimately win in about one half of a year which is a difference of 6 months.
This is probably the most optimistic view a shareholder could latch onto at present because only a fool would believe the battery minerals space is still in hibernation... if Joe Biden wins in the USA then all hell is going to break out in December on the new multi-trillion dollar Green Revolution in America, and no one wants to miss out on that which even fascist-masturbating-to-the-point-of-going-blind Codelco can see now is coming.
The Doctor
