RE:RE:$90 Brent Crude, Li Carb US$26.70/pound & LAC ProductionAgreed.
LAC's cash is for internal growth, its positive cash flow from Argitenia will only start from 2023, although they will start producing at Mid of 2022. Ramping up to capacity takes time & $.
tiger
Moemoney42 wrote: Not sure about another acquisition at this stage but if they were to move on one in say 2023, I'll bet its Arena...?? ;-) lithomon wrote: Likely sometime in Q3, 2022.
A truckload of Lithium cash revenues forthcoming in 2022 along with reasonably robust market capitalization places LAC in ideal position to be eyeing one or several high quality and large size Lithium assets (deposits ready to mine with low mining costs) to acquire said projects to grow much larger by acquisition.