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Re: None

Wednesday, 06/22/2022 11:41:43 AM

Wednesday, June 22, 2022 11:41:43 AM

Post# of 3193
Commies finally_realize they_can't use_ALL of_Codelco's profit to_fund
all their free-loading, rioting/protesting riff-raft, scum, moochers, welfare-scamming, loafing indians, drooling parasitic followers to buy their votes for party leftists in upcoming elections.

Government agrees to historic profit reinvestment plan for Codelco https://www-nuevamineria-com.translate.goog/revista/gobierno-acuerda-historico-plan-de-reinversion-de-utilidades-para-codelco/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US
and https://www-reporteminero-cl.translate.goog/noticia/noticias/2022/06/gobierno-plan-reinversion-utilidades-codelco?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en
The new pact consists of an average reinvestment plan of 30% of the profits corresponding to four years, between 2021 and 2024, which will contribute significantly to the financing of Codelco's investment plan, while considerably reducing its borrowing needs.

For 2021 the Codelco profits were US$1,943,000,000 so the applied 30% measure will imply a reinvestment of US$583,000,000 back into Codelco (or maybe NLC?). So could some of that US$583,000,000 reinvestment profit now be getting channeled into lithium development you're asking?

And with the "give my leftist team's lesbos/dykes a cushy job in mining" Anti-Mining Minister and her commie buddies finding Jesus today by agreeing to redistribute 30% of Codelco's profit back into Codelco there just also happens to be a strike of 50,000 copper miners outside her office window today... hmmm, what a coincidence. I wonder if these two events are related?

The Doctor