Lithium Power International Ltd (fka LTHHF)

[Dr_Vonschellan]

Codelco debt March 2022 was US$32,140,000,000...it hasn't dropped $1
since then https://www-nuevamineria-com.translate.goog/revista/codelco-negocia-nueva-politica-de-dividendos-con-hacienda-para-enfrentar-deuda/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US
in fact I will bet the next Codelco annual 2023 report shows at least two more long term loans of US$1.4B on top of the US$32.14B they already owe:
1. US$900,000,000 senior unsecured notes through bonds due in 2023 & 2024.
2. US$500,000,000 from Export Development Canada through Prieto in Santiago. https://latinlawyer.com/article/codelco-gets-us500-million-loan-canadian-government

But to Codelco's credit they have channeled what looks like US$108B net-net (ie US$162B minus $32.14B minus $1.4B minus $2B/yr 6%interest/yr x average 10yrs for terms = $20B-ish) over the last 50 years into the Chilean Treasury https://www-reporteminero-cl.translate.goog/noticia/noticias/2023/04/maximo-pacheco-nuestro-principal-desafio-es-darle-legitimidad-social-a-la-mineria?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en

But if ever a company was "cash short"... Codelco is the definition of "cash short" and really should be filing for bankruptcy were it in any other normal "non banana republic" country other than Shile instead of continually borrowing itself out of debt which will/could be catastrophic if the banks call these loans in and the Jews/Whitey in New York simply take over all of Codelco's collateral posted to date.

The Doctor