Lithium Chile (LTMCF)

[accipiterr]

REMSA state owned company currently has a tender active for 5 plots in the north part of Salar de Arizaro that together total ~27,570 ha.
Link 1 Link 2 Link 3
The last two pages of the official term sheet for the tender show the map of the plot locations and also the schedule for the tender.



Bids are due august 11th. Also the bidders are required to keep proof of funds related to the bid available for at a minimum of 60 days with room for extension beyond that. So seems like REMSA expects to award the tender exploration/exploitation on all the plots within about 60 days after Aug 11th.

I wonder how much money these bids are going to attract? I bet it will boost attention and value to LITH. also the timing for LiTH to update resources is perfect for this tender, makes me think that the bidders will likely be looking at buying out or partnering with LITH. Also i am willing to bet LITH is working to be a competitive bidder!

Holding long! GLTA. This is very undervalued the next few weeks will push this higher and the tender results could send us to the moon!