Lithium Americas Corp T.LAC

Confidence???

[Moemoney42]

It sounds like management feels they have a winning case.. I tend to agree.. IMO..


2023-01-06 09:08 ET - News Release

 

Mr. Jonathan Evans reports

LITHIUM AMERICAS PROVIDES UPDATE FOLLOWING HEARING ON THE THACKER PASS RECORD OF DECISION APPEAL

Lithium Americas Corp. has provided an update following a hearing held by the U.S. District Court, District of Nevada, on Jan. 5, 2023, for the appeal of the issuance of the record of decision for the Thacker Pass lithium project, located in Humboldt county, Nevada.

During the hearing, the plaintiffs, the U.S. Bureau of Land Management (BLM) and the company addressed final questions following the submission of briefings in August, 2022. The federal court reaffirmed no additional hearings or briefings are required and expects to issue a decision in the next couple months.

"Yesterday's hearing provided an opportunity to reaffirm our confidence that the permitting process for Thacker Pass was conducted thoroughly and responsibly," commented Jonathan Evans, president and chief executive officer. "As we continue to prepare for construction, we will look to finalize key supply agreements and partnerships that can help to secure America's clean energy future by providing responsible and domestically produced lithium."

[Moemoney42]

I wouldn't be surprised to see a $5 - $10/share spike in share price when the judge rules in favor of LAC in a couple months.. ;-)  That's my opinion FWIW.. ;-)

[stockfy]

The price of lithium carbonate has skyrocketed over the last couple of years, so extreme caution is required with LAC. If it corrects, LAC will drop or underperform.

[stockfy]

Basically, this applies to all the lithium names. Caution because they are commodity stocks, so they are dependent on the price of the underlying commodity.

[vladmalikov]

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