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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

Comment by Moemoney42on Sep 10, 2021 3:45pm
223 Views
Post# 33841086

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Interesting moves

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Interesting movesAlso noticed Arena is moving up large today.. maybe as LAC has a position in them that's helping the stock price move up today as well..?? 
Moemoney42 wrote: A couple of factors I think.. ALB  hit a new 52 week high today.. LAC is the closest to production of the new comers and has a lot of torque due to the pending closing of the Thacker Pass project.. IMHO.. now if they mention a partner for T.P. or the water permit completion, its off to the races IMHO..
tiger2201 wrote: Good day for LAC !

Just curious why LAC is up so much today than others.

tiger


Moemoney42 wrote: Oh yeah, and then top if off with a partner and clearance of all permits on Thacker Pass and you can double those numbers in a few years..! 2025 is looking real good in my opinion..!! 
Moemoney42 wrote: Looks like the market is waking up to the fact that LAC will be a cash machine starting next year... back of the envelope calculations on the 49% ownership of Cauchari with the first phase (40K t/anum) in full production at $13G/ton brings into the coffers ~ $260 million FF. 
Now consider they have already planned an expansion to 60 K t/anum that could generate ~$400 million/yr. in revenue..
Now factor in the fact that prices are, and are forcast to be higher than the $13G/ton those numbers could be low.. ;-)
JMHO and GL to the longs..!

 

 

 




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