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Bullboard - Stock Discussion Forum 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... see more

TSX:LAC - Post Discussion

Lithium Americas Corp > Currency conversion
View:
Post by templetooth2 on Jan 31, 2023 10:21am

Currency conversion

To put this into Cdn $ using an exchange rate of $1.341 the first tranche looks like $28.617 price.

The second tranche of $329.8 million wwill have a maximum price of $27.74 or C$37.20.

I don't have at my fingertips just how much Thgacker Pass is going to cost to build, but these stock placements have gotta fill the major part of any hole in the company's financing plans. With the expected US government supplied debt financing, it's probably a fair assumption that this company is as close to fully-financed as you're likely to see.
Comment by Moemoney42 on Jan 31, 2023 10:36am
Don't forget they will begin production at Cauchari shortly.. that will generate hundreds of millions of dollars annually to the coffers..!!  ;-)