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Thank Gawd that's over. Should see a significant bounce back in the share price, even better than significant if what's been holding back some investors over previous months have been worries as to what impact the coming national lithium strategy would be. True, detail coming from a private company's RNS won't be the same as a detailed statement coming from the Chilean government, but for us PIs that concern has largely been removed now and CTL are in a great position. All IMO of course.

PS - If the link by default puts you to a pay wall, then try googling "Chilean Lithium Nationalisation" and click on the seeking alpha article. The same invitation to sign in appears, but you can scroll through the article. It gives a brief summary of previous history - Chilean President Allende's nationalisation of copper, how that didn't work well, and the situation today re lithium. More importantly the enormous pressure that the US likely will bring to bear, given that good access to lithium is needed for Biden's green push for Americans to switch to EVs. The SeekingAlpha author seems to recommend "holding for now" and that he might take a high risk-reward punt on Albemarle this morning.
In my mind the fact remains that CTL is different to Albemarle in that (after re-reading RNSs from the recent past) CTL seems to only have exploration licences for their concessions and not exploitation licences so I imagine development of the sites is not covered by Boric's assurance that he will "respect existing licences", given CTL still need to apply for exploitation licences. On the other hand Aldo, the CEO & biggest investor is Chilean, and so far CTL seems to be almost the poster-boy for how the government would like mining companies to approach lithium extraction. CTL also seems to have a very positive relationship with individuals in the Chilean government. The big question for us is "hold, increase, or sell?". I sold at opening bell Friday at just over 52p, but because I really want to stay invested in such a great Company bought back in 90 minutes later at 43p. However, the outlook is still concerning, and without any RNS clarification appearing this morning it's going to be a hard call whether to stay fully invested on the assumption that the worst of the fall is over, or to de-risk until the outlook becomes clearer. Personally I suspect that it all depends on whether any of the bigger holders decide to place their investment elsewhere, but it seemed they held their nerve on Friday. GLA.

Came across this is a search for more news, may be of interest to other people completely in the dark like me:

https://seekingalpha.com/article/4595845-chilean-lithium-nationalization-albemarle-sqm

If you internet search with the words " Goldman Sachs Lithium " you get some interesting views countering GS's predictions: for example
https://midasletter.com/2022/11/goldman-sachs-statements-on-lithium-prices-depart-from-reality/
and
https://www.reuters.com/markets/commodities/goldman-sparks-bear-bull-battle-lithium-market-2022-06-15/

Bots - totally agree with your assessment. I've been invested with PHC since early 2020 after I came across it by accident looking for "Physical Copper" etfs and experimenting with ticker names which might give that. The sp hasn't changed much since then but I've slowly moved to now having more than a third of my portfolio invested in it and have often toyed with the idea of going 100%. Not just a risk taker at heart, but feel that this one is a very sensible & solid bet, good for the planet and good for investors longterm, and so I'll be very patient with it. It does look like all the ducks are lining up right now though...

Thanks OAP, maybe that's it given Wednesday's comment on here. Pity that PHC isn't more on people's radar, it seems from the Yahoo website that the stock is currently almost entirely owned by insiders and institutions. Dunno if I'd risk shorting the share given the steady flow of good news that's likely to get even better by year end, but I'm not experienced enough to understand short selling and perhaps his/her time frame is in the very near future...

Looking at the trade flag for this particular transaction on the London Stock Exchange website, it's listed as TNCP, which means "Trade Not Contributing to the Price Discovery Process", formerly known as a Technical Trade. Besides the fact that the trade (despite its large size) shouldn't affect the price (doesn't seem to have done so), I dunno anything else about what kind of transaction can have that effect! I'd wonder if it's some kind of book-keeping admin, or some switch between different Market Makers or Brokers at par value, or whether it's something that might have an effect later down the line. Perhaps some more experienced trader can enlighten us...