You can watch the presentation here... https://drive.google.com/file/d/10gxsE65GtX504qPJj1N7BVWaNnUY7g5H/view?usp=sharing
If you ain't seen it.
@degsie...Administrative issues from what I can gather, participants in the IPO were getting scaled back due to oversubscription but that's no longer the case for some reason and it will list late March, so their broker says.
1 + 2 - Are still being negotiated with the Government. Hence the silence. Etiquette. Nothing to report until concluded.
3 - Has been stated within the next six months.
4 - We can read those companies latest news releases.
5 - Can be worked out by our annual financial statements.
Advance Lithium in talks with LitioMX....But will go to court if an agreement can't be reached. Bacanora / Ganfeng also mentioned.
https://elceo.com/negocios/minera-canadiense-advance-lithium-busca-alianza-estrategica-con-litiomx-para-continuar-trabajos-de-exploracion/
I'm not so sure....but, I am sure there will be.
"Andrés Manuel López Obrador, president of Mexico, revealed on Wednesday, March 1st, that he is open to inviting South African tycoon Elon Musk to participate in the lithium exploitation plan in the northern state of Sonora.
“I clarified that lithium has already been nationalized, but that does not mean that we cannot make an agreement with Musk.
The lithium belongs to the Mexicans, but if the raw material is purchased, if the battery plants are installed in Sonora, if that creates jobs for the people of Sonora, an agreement can be reached, ” AMLO said."
"There are no concessions, LitioMx is only the company, we are going to say it is a national company, I do not like to say the state because they are different things ”, he replied."
https://www.elimparcial.com/mexico/AMLO-aclara-que-empresas-extranjeras-participaran-en-industria-de-litio-si-sus-plantas-estan-en-Sonora-o-donde-existan-yacimientos-20230301-0038.html
I clarified to him, said the president, “that the lithium thing has already been nationalized, but that does not imply that we can reach an agreement. The lithium belongs to the Mexicans, but, well, if the raw material is bought, if it is put in the battery plants in Sonora, if the Sonorans are given work, the Mexicans, then an agreement is reached”.
https://infolliteras.com/2023/03/01/inversion-millonaria-de-elon-musk-en-el-norte-de-mexico-lo-confirma-durante-evento-en-el-que-revelo-la-construccion-de-una-mega-factoria-tesla-podria-construir-tunel-en-quintana-roo-dijo-el-presi/
https://expansion.mx/empresas/2023/02/22/decreto-litio-prohibe-china-ganfeng-explotar-sonora
Very interesting read...
The SLP excludes our Megalit JV though and the Megalit concession is the only one of three without a license. Maybe Mexico are luring Tesla with that lol, after all they do have their own patented lithium extraction method from clay ;-)
An interesting read and viewpoint....
https://www.dineroenimagen.com/alicia-salgado/litio-cuanto-pagara-el-gobierno-por-nacionalizarlo/151080