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You can see how much these Bolivian lithium salt lake licenses are worth…We could really go nuts on approval this month…
https://www.mining-technology.com/news/ylb-lithium-russian-chinese/
And Chinese battery firms are already investing BILLIONS of dollars into Bolivian lithium salt lakes. We won’t be valued at £2m if we get official approval this week lol.
https://www.mining.com/web/chinas-cbc-increases-stake-in-bolivia-lithium-mining/#:~:text=The%20latest%20agreement%20adds%20to,lithium%20extraction%20(DLE)%20plants.
The latest agreement adds to a previous deal with Bolivian state-owned lithium company in January 2023, when CBC agreed to invest more than $1 billion to start processing Bolivian lithium with the installation of two industrial direct lithium extraction (DLE) plants.
The second agreement provides for a further $90 million investment and expands CBC’s participation in the emerging lithium industry in Bolivia, which is home to the Uyuni salt flat, one of the largest lithium reserves.
So after listening to the interview, it’s clear the EU wants Bolivian lithium and they think via Clontarf it’s their best bet. Clontarf has very good relations with the Bolivians and hopefully they get an official approval at some point this month.
Https://twitter.com/StockBoxMedia/status/1769788767299149866
Thanks for the info burnemc, here’s a link to their tweet:
https://twitter.com/StockBoxMedia/status/1769772292865769581
You said a placing was ‘extremely unlikely’ only a few days ago. You need to very careful with your posts, because undoubtedly you’ve got access to good information. Your previous post regarding the placing was below the belt and has lost people money. Hope you sleep well.
That’s what approval will provide for this company, if given the green light by Bolivian authorities and we’ve only got a couple of days/weeks to find out.
For lithium extraction and deposits, it’s the equivalent of being given a major oil license in Saudi Arabia. This could easily do 500% in a day if good news comes.