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.

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Lithium Americas Corp > Interesting moves

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Comment by Moemoney42on Sep 09, 2021 10:01am

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Post# 33830652

RE:RE:RE:RE:RE:Interesting moves

Yes exactly tiger.. and now we see some of todays reversal coming into play already this AM.. would love for SEC to look into the action yesterday after these press releases were made.. although it was a good opportumity for those wanting to get in at a lower price point.. ;-)

tiger2201 wrote: Some of the analyses are calling LT lithium carbonate price of $15,000/tonne. Spot Lithium carbonate 99.5% is $20,500/tonne right now.

Our valuation incorporates our long-term Li2CO3 price of $13,000 per ton and NPV10 per cent valuation for Thacker Pass."

tiger

Moemoney42 wrote: Kind of suspect if you ask me.. a report comes out about price weakness and bam down she goes.. I'd say the author might be playing games with the markets..??

2021-09-08 08:04 ET - In the News

The Globe and Mail reports in its Wednesday edition that iA Capital Markets analyst Puneet Singh raised his share target for Lithium Americas to $32 from $29 after a U.S. federal judge denied a request from several native American tribes for a preliminary injunction to halt preliminary digging for the Thacker Pass lithium mine in Nevada. The Globe's David Leeder writes in the Eye On Equities column that Mr. Singh is holding firm with his "outperform" recommendation. Analysts on average target the shares at $27.67. Mr. Singh says in a note: "With LAC's shares outperforming over the past month ahead of this decision, we wouldn't be surprised if the shares pull back in the next few weeks, offering investor a better entry point. After years of consultations etc., Thacker Pass's RoD should hold as this is a large project that is of domestic importance to the U.S. To exercise conservatism, in our model we've maintained our delay to Thacker Pass's start on the off chance it gets caught up in the courts. However, we've increased our target price by reverting to a 1-times NAV multiple (from 0.9 times). Our valuation incorporates our long-term Li2CO3 price of $13,000 per ton and NPV10 per cent valuation for Thacker Pass."