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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 Mar 18, 2024 9:40pm
261 Views
Post# 35939560

RE:RE:RE:RE:RE:Price advancement

RE:RE:RE:RE:RE:Price advancement

A couple of seeking alfa reports came out this afternoon stating the same thing I just posted today.. their reports talk of a funding shortfall from ~2.3 billion to ~2.9 billion and the dilution it will cause to existing shareholders and the fact that GM's second tranche will need to have better terms.. all fearmongering IMO..
LAC could sell a 10% interest in the project to another player to make up for that shortfall in no time and still hold 90% of the project.. I might just add a few more chips to the pile as the fearmongering is toothless IMO..  ;-)

 

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