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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 Apr 18, 2024 11:53am
165 Views
Post# 35996063

RE:False impressions

RE:False impressionsWith the last reports I've read they still needed this financing to have the full amount to take Thacker to phaze one production witout further dilution. 
After that production should be able to pay for phaze 2 ramp up. 
Although its a bit of an abrupt setback, they still own 100% of the play and the economics of this project are very profitable, and by the time it gets to production we should be able to see better prices for Li. 
I'm a buyer at these prices this AM..  ;-)


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