RE:ORL interesthoffbag wrote: I was reading an ORL presentation and buried in it was that their sub Borax Argentina own the "tenure" on parts of other lithium projects in the area including LAC's. So ORL through Borax might get revenue streams from these depending on what is negotiated. That remark and the fact that ORL is ramping up production convinced me to pick up a few shares when it dipped a few weeks ago.
Almost all are capped royalties. IIRC, Borax Argentina receives around $200k un-capped annual royalty from LAC. My problem with LAC was never the asset... She is world class... It is mgmt that concerns me and the lack of technical talent. I am also heavy ORL... Great asset rolled into a great Co. I trade LAC for extra leverage to my ORL position and my bullish Li thesis.