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Lithium Americas Corp T.LAC

Alternate Symbol(s):  LAC

Lithium Americas Corp. is a lithium resource company. The Company is focused on advancing Thacker Pass to production. The Company owns 100% of the Thacker Pass project, which is located in Humboldt County in northern Nevada, through its wholly owned subsidiary, Lithium Nevada Corp. Thacker Pass is situated at the southern end of the McDermitt Caldera, approximately 60 miles (100 kilometers) northwest of Winnemucca, in Humboldt County, northern Nevada. Its subsidiaries include RheoMinerals Inc., KV project LLC, and 1339480 B.C. Ltd.


TSX:LAC - Post by User

Post by oneafter909on Jan 21, 2021 11:35am
358 Views
Post# 32345129

LAC's Cash raise of $545mil in the bank doubles its value $

LAC's Cash raise of $545mil in the bank doubles its value $ FYI We I could not ask for anything better. Fact 1. Our little company LAC is going to head into next week with a $20+ stock price, $545m in cash on their balance sheet and a BLM approved project at TP that will require minimal if any phase 1 financing from outside sources. Fact 2. No offtake agreements and 100% ownership. Fact 3. LAC is not only going to join the lithium majors, they are going to lead the group in 1-2 years. I am looking forward to doing some EBITA cash flow modeling in the future. Note in my view logic says the likely partner that LAC brings in since LAC will own NV Lithium plant mine plant a 100% will be to bring in as a partner a company with battery manufacturing factory experience ( A Giga ) and have pay for its construction with LAC as a partner in the profits I think Tesla, GM, Ford, Panasonic and some others can fit the bill Stay the course everyone and take the dips if you want in on LAC as these PPS will not be here for long Next stop is that Partnership that can happen any day now A LAC A BIG BANG Be on (: 909
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