InvestorsHub Logo
Followers 7
Posts 7770
Boards Moderated 1
Alias Born 03/05/2014

Re: None

Tuesday, 05/23/2023 10:08:09 PM

Tuesday, May 23, 2023 10:08:09 PM

Post# of 1498
USA_lithium project_investors will_pick up_10% advantage_with new_law
"re-pegging" their seed money to 110% its face value inside Chile affecting the likes of potential lithium investors for example Ford, Tesla, GM, Stellantis North America, BYD North America, Mitsui & Co NYC, etc
The US sets a key date to vote on the double taxation agreement with Chile after more than a decade of processing
https://www-ex--ante-cl.translate.goog/eeuu-fija-una-fecha-clave-para-votar-el-acuerdo-de-doble-tributacion-con-chile-tras-mas-de-una-decada-de-tramitacion/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp

Hmm, so if you were an American buying US$1.00 (in USA currency) worth of goods (eg some coochie worth US$1.00 from a hot leftist/commie chick at a bar in Santiago) on Wednesday and this new law was enacted on Friday then on Saturday night at the same bar in Santiago with US$0.90 instead you could then buy that same US$1.00 worth of hot leftist/commie coochie you had last Wednesday. Or, following the same rationale if you were an American-based lithium project investor you could on Saturday buy US$673,000,000 worth of CAPEX in Maricunga for the new reduced amount of US$612,000,000

Is it possible that the shrewd CFOs in Ford, Tesla, GM, Stellantis North America, BYD North America, Mitsui & Co NYC, etc have been waiting for this law to be passed by the US Senate before they pump any more of their money into Chile?

You know what would be incredibly strange? What if Mitsui & Co NYC bought that lithium CAPEX example in Chile for US$612,000,000 and then allocated their entire 41% share of "bagged" LCE for direct shipment to Japan thus qualifying for the recent 50% matching investment from the Japanese government https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171848487 which means Mitsui & Co NYC only "really" forked up net-net $306,000,000 for that $673,000,000 Chilean CAPEX investment in 2023-2024.

The Doctor

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.