Assessment Q: LAC has been doing rather well lately and I've managed to let it run. I expect an increase in volatility and am wondering just how long and how far the market will take LAC.
A: We can't quite make granular predictions but getting approval for a mine is no small task in North America. The sector remains strong and financing the project should not be a big deal. In a 'de-risked' scenario stocks often run nicely. Just ball parking, LAC is likely on its way to $45.
This was the answer provided yesterday by 5iResearch (and obviously before news of the financing). GLTA