Chilean Mining Minister Laurence Golborne is looking into incentives to attract investors and businesses interested in lithium, a rare mineral relatively abundant in Chile.
Currently, Chile has the world’s largest lithium mining industry, exporting roughly US$ 300 million a year. Golborne is looking to increase that tenfold to US$ 3 billion in the next few decades. Chile has one of the world’s largest and most easily accessible lithium reserves, found in the brines underneath the Atacama Salt Flat in northern Chile.
I emailed the company, I have no real clue if it's Liebs that answered since just info@mammoth. I asked a few questions and none of them were answered I got "just wait".
That seems like a typical reply "stay tuned" etc unless you have a better relationship with him, where he gives more details.
That was my findings from the 2 emails I sent. I very much hope this is real and takes off, since I plan to invest a little more this week.
I know the land deals are WORTH 300 - 900 million dollars to MMTE once they get them, but is that the price they are actually paying for them, or, are they somehow getting them for slightly cheaper than that price, such as, at a discount?? This may sound like an ignorant question, but I just wondered how much they are actually going to pay in cash for all of the land deals, if anyone knows that info. Thanks !
AMA, i have already received this email.. many people know what we know i guess.. we have the land folks.. "OTC Reporter Weekend Update Hopefull you've been following our alerts, we've been featuring several winners...
MMTE, one of our featured stocks, reached .004 this week. MMTE has climbed over 700% since we featured sevral months ago at .0004!"
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