International Battery Metals Ltd (IBATF)

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Codelco would be in talks to acquire the Australian Lithium Power
By Agustín de Vicente , October 11, 2023 | 16:31

The Australian company owns Minera Salar Blanco (MSB) which has recently started explorations for its lithium project in the Salar de Maricunga.
In a recent Bloomberg disclosure, Codelco is speculated to be in the advanced stages of negotiations to acquire Australian miner Lithium Power.

Information obtained by Bloomberg estimates that Codelco values Lithium Power at approximately A$315 million (equivalent to US$202 million). The offer would be 50 Australian cents per share. While the sources who provided these details preferred to remain anonymous, the results of these negotiations are expected to be publicly announced in the coming weeks.

https://www.reporteminero.cl/noticia/noticias/2023/10/codelco-podria-adquirir-lithium-power


tononclegeorges, you called it a few weeks back, I did some digging, but did not buy. I hope you made some bank..

LITHIUM POWER INTERNATIONAL LIMITED LPI
LPI announcements
12/10/2023 12:53 am
Response to media speculation
302KB
12/10/2023 12:49 am
Response to ASX Price Query
809KB
11/10/2023 9:02 pm
Trading Halt
579KB
11/10/2023 6:20 pm
Pause in Trading
115KB
11/10/2023 4:15 pm
Notice of Annual General Meeting/Proxy Form
669KB
https://www.asx.com.au/markets/company/lpi
Maricunga, Chile

Location: Atacama region, Chile.

Ownership: 100% owned by LPI

Status: Definitive Feasibility Study (‘DFS’) for the Stage One released 1Q22

Resources: 1,905,000 t lithium carbonate equivalent, 4,950,000 t KCl

https://lithiumpowerinternational.com/maricunga-project/