Member Info for PollyWold

Ask yourself what has it paid for in that time.

Hardly burn it for nothing

It would seem to me to be a good idea that the company approaches ASX interested investors to purchase those warrants from met one as part of the listing process.

Lanshen can be granted the right to earn up to a 30% equity interest in the company’s Argentine subsidiary (Argentina Litio y Energia S.A., or ALESA), which holds the Rincon West project

News in the Lithium space.

Argentina lithium secure a non binding deal with Lanshen to commit upto $100m during a stated phase of development at the Rincon.

Argentina lithium yet to produce a PFS but targets 15k t/yr production via DLE, Lanshen to provide $95.9m in the construction phase should the company develop this far.

The deal is

Stage 1 (Pilot & PFS Support) CTL completed

Stage 2 (DFS & Permitting): CTL progressing.

Stage 3 (Construction & Production – Bulk of Funding): ~US$95.9 million contribution for a turnkey 5,000 tonnes per year (tpa) battery-grade lithium carbonate facility. Lanshen handles engineering, procurement, fabrication (lithium chloride + carbonate plants), logistics, on-site assembly, commissioning, performance testing, startup, and operator training

Interesting activity with a partner of ours.

Deal is non binding

Https://youtu.be/o1RnwN2RjCY?si=sBevjNkESdvnuc7N

LegendB

The PFS is highly robust when compared with the figures produced by peer Latin American DLE projects.

See figures $21.5kt for long term LCE price.

15k/yr production.

Others are stating $30+kt LCE price in their IRR quotes.

CAPEX is inclusive of $125m contingency and inflation accounts for another $75m of the figure roughly

Looks Like MET1 just offloaded their remaining CTL holding of 5.5m shares at 8.15p sell price. Another profit of £170k

I think we will see a positive step change in economic approvals with the new Kast Government - at a pace that was not seen before with Boric.

Kast is a Trump / Millei type figure who is pro business and wants to remove the red tape around permitting and environmental studies.

This will benefit our other two sites in the next 4 years hopefully.

Along with the reduction in corporate taxation promised by Kast to promote economic growth - this will be an interesting figure to look for in PFS and a potential upside

I asked the lake question in the last webinar, its not an issue look back at the Webinar Q&A section.

No contention on the wording. Direct award means enter fast track for direct award following negotiations with ministry.

Directly awarded CEOL without public tender

The RNS is because Gordon is a board member, there was a previous RNS saying Gordon would leave at a time of uncertainty and cost cutting, things have changed, we've acquired licences and Gordon (in person, in London) was hoping to be able to remain involved as the landscape changed favourably.

That's it. No other conspiracy,

Https://www.df.cl/empresas/mineria/cleantech-lithium-queremos-ser-el-proximo-proyecto-en-operacion-en-chile

Valuation absolutely crackers at £5. Made no attempt to set an NPV accounting for debt ratio or dilution that will inevitably arrive with a financing deal. Would suggest a reasonable ceiling at £1.25 currently. DFD will not give a figure in the call this evening.

There is a Telegram group too already established

Some good attention would be welcome out way, CEOL, PFS and coupled with quickly rising commodity index would be great for CTL.

HNY 2026

Https://www.minmineria.cl/?noticia=estrategia-nacional-del-litio-procedimiento-simplificado-para-la-asignacion-de-ceol-en-laguna-verde

Pursuant to the proposal of the Lithium and Salt Flats Committee, companies or consortia interested in entering into a CEOL (Lithium and Salt Flats Concession Agreement) with the State of Chile, and which hold a percentage of mining concessions equivalent to or greater than 80% of the polygon in any of the prioritized salt flat systems; experience in any stage of the lithium and/or mining industry value chain and financial capacity to develop the project, may access a simplified procedure for the allocation of these contracts.

In the dialogue stage of the CEOL indigenous consultation process for Laguna Verde, a unanimous agreement was reached to modify the area of the contract proposed by the Ministry, excluding, for environmental, ecosystemic and cultural considerations, the lagoon from the polygon, in addition to 4 areas with wetlands, a stream and a hot springs site.

Given the magnitude of this modification, the Ministry has decided to open a new procedure for those interested in said saline system, based on the conditions indicated in the first process completed in December 2024.

For these purposes, interested parties will have until January 30, 2026 to submit their CEOL application on the platform enabled at www.minmineria.cl .

Couerdelion - no news on ASX but still firmly in the plan, at Wednesday evening meeting it was discussed, we need to have the CEOL and the PFS release, then ASX will be completed, it will not happen until those dominoes fall first.

Yes it does happen, Inter-American Development Bank has previously provided $50m in long term loans to Allkem, who became Arcadium, who were purchased by RIO recently.

IDB were on site at Laguna Verde last month visitng the pilot plant.

Does that mean a deal is in the making, no, could it be, possibly. If the CEOL is required to facilitate a loan then how do we get there. I guess we find out in less than a month as the RNS yesterday states 1 month for loan conversion extension.

See the January RNS where the resource was updated at LV. The resource estimates are based on the polygon in CTL CEOL application.

Ignore that last post - absolute nonsense - infact i should report myself for hastily posting it.

Revenue less opex = taxable & royalties throws a figure of $85m profit per annum at these levels $15,000 throws $150m profit per year