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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
Comment by mercurysmithon Nov 03, 2017 2:54pm
197 Views
Post# 26902664

RE:RE:RE:RE:RE:NEWS: Consolidation for LAC

RE:RE:RE:RE:RE:NEWS: Consolidation for LACI agree this consolidation has nothing to do with financing.  They could get financing for the Nevada project without consolidation.  It is all about being listed on the NYSE.  Waivers are always possible, but usually one needs at least a $750M market cap and meaningful revenues from the prior fiscal year.  That revenue requirement can be waived if it looks like the company is getting closer to being revenue producing.  This is why I commented earlier that perhaps a NYSE listing is indicative of production still being on target.  This consolidation is good news longer term.  
Bullboard Posts