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Re: None

Wednesday, 09/27/2023 8:13:42 PM

Wednesday, September 27, 2023 8:13:42 PM

Post# of 1498
LPI_responds, yes_we still_have nothing_to tell_you
https://app.sharelinktechnologies.com/announcement/asx/c2fc5ab233439dddbc1a0b8eefbec88c
... what did you expect from LPI? We shareholders have never ever gotten more than the bare focking minimum from LPI in the last 7 years.

Did you think that today we would find out that Rothschild Bank using Saudi Arabian Aramco financing was going to weld LPI, Aramco, SQM, Simbalik, SIMCO into a new private lithium mining conglomerate called LASSS SpA to mine 45,200 metric tonnes of LCE per year in Maricunga (ie Codelco 325,000mt/20yrs, LPI Ph1 15,200mtpa, LPI Ph2 4,800mtpa, Aramco 0 mtpa, SQM "transfer" from Atacama 65,000mt/20yrs on a brilliant deliberate drag your feet program 2024-2030, SIMCO/Simbalik 5,700mtpa) and offer Codelco a 34.25% partnership in the new Joint Venture for zero dollars equity contribution from Codelco/Chile in exchange for Codelco's 325,000mt LCE export quota license (over 20 years) in Maricunga?

And... you do remember that Chilean LCE export licenses sell for $763/mt (eg BYD US$61,000,000 divided by 80,000mt) which means Codelco's LCE export license is worth US$247,812,500 (16,250mtpa x 20years x US$763/mt) to us ... right?

Codelco is not buying anybody in Maricunga. Rothschild Bank is here to WELD a new free-standing lithium mining entity to MINE lithium in Maricunga. And those LPI management pricks are not going to tell us shareholders even one tidbit this September 28 on how that process will be executed by Rothschild over the next 4 weeks.

The Doctor

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