LAC Q1 ReportLAC's Q1 report is out.
LAC is developing the 2 projects, for sure they are losing money, it's typical for the development company, since they don't have revunue. But it is not ture, LAC do generate revenue from their clay business, but it has been losing money from day 1. I have been trying to find how much they lose money for Q1, but NO where they mention their clay business at all, they may have forgot they have clay business.
No bushing about LAC, I am LAC's shareholder, IMO, they should have closed their clay business a long time ago, and wait until the Nevada lithium mine running.
Long LAC, but not happy with its performance.
tiger
https://www.lithiumamericas.com/news/lithium-americas-reports-first-quarter-2020-results-