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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

Bullboard Posts
Post by Sh99999on Jan 19, 2017 7:24am
136 Views
Post# 25726699

Always zone gray if someone has an answer here

Always zone gray if someone has an answer here
The debt package Ganfeng is;
-providing will fund approximately half of our share of the capital costs. And from a financing perspective,  (ok avg 50% capex P1)
-we maintain 30% of our offtake on stage 1 production, providing us with a number of options to secure additional funds for capital expenditures.(This 30% will contribute to approximately half missing for CAPEX Phase 1 (For refund missing, if I understand)
 
(But Therefore it will require another financing, for approximately half missing)
(And without dilution)??
- Of all financing proposals we received, the Ganfeng offer was the
least dilutive to current shareholders. (ok how other financing??)

Bullboard Posts