Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$GWSO 750mile range battery
Good points too, thanks. I am still hoping for the best, especially in NV, but I will wait and see how this new situation develops. I have also done quite well with this stock with several excellent swing trades and an average around $8.5 in my core position.
GLTAH
We've been giving all the "handouts" to China the past few decades with previous administrations which has dug the gigantic "hole" that this administration is finally starting to crawl our way out of it. About time some of that money gets to developing our own resources. China has control over 50% of all the Li mining in the world and 75% of the big battery factories.
It was US companies, RCA, a US co at the time, that started and developed the chip industry in Taiwan then selling to GE which in turn sold to foreign investors. For decades since then it's been US money that has put into other places but here. We've been handing out trillions of our hard earned money into the development elsewhere (in the long run, mostly to China).
So the Biden administration is the one that has done this much into developing this nations resources and starting to dig out of a very deep hole that the previous administrations put us in. All the last one did was give money to China for all the red hats and political flags produced over there and paid more taxes to China than was paid to the US.
China has also done nothing but give handouts constantly to their production and getting control of bulk of Li and batteries (all types) and working on taking over the 1/2 a trillion $ a year of sales to the US from Taiwan.
Yea I think that the some of this big business that has been making big profits from "handing out" all our money developing other countries production to developing the US resources and supplies. But that's not the way the world works and somehow the big boys still got to make their profit, hence our "handouts".
Because if we don't develop here, our "handouts" will continue to going over there. Of course newer forms of energy besides big oil will activate some politicians anger and bs misinformation trying to protect their 100's of millions of money from the big oil lobby which in the end comes out of our pocket one way or another.
So we have to get something done to encourage American companies to develop instead of the previous ways that was being done and stop damaging our environment so much which is costing the American people trillions every year on top of the price at the pump.
If it takes companies like LAC to create a full American company with more jobs and getting a "handout", so be it. Because without incentives, it will never happen and that money will still be being spent, just not on the US. So good to see that this administration is trying to fill the horrific hole the previous one(s) have dug.
On a side note, still making good money with LAC. Got out, back in and trading along the way. All goes in how you play it.
$LAC hod27.27 opened over the $25R and tapping $27's Has room to run! #Moon >40
I understand your position. I am not a big fan of handouts either but I will take it if helps NV. However, I am still on the fence about this split. I am beginning to think that it is due to a combination of LAC trying to get the federal funding and the US/Canada playing hard ball with China (Refer to article I posted yesterday). What puzzles me is that Cauchari was going to generate hundreds of millions per year, which would have helped fund NV and I doubt that the Federal funding would exceed more than that plus it would be a one time deal (Piedmont received $142M). So only the LAC in South America will benefit from Cauchari as Gangfeng calls the shots and probably buys the whole thing. Maybe I am missing something (?) because the stock has been going up since yesterday. I am still holding and happy with the bump, but I remain cautious about the recent news.
My response posted twice and I edited this one, sorry. Please see my other post.
I am against handpouts and this Administration dug a real deep hole now, and what I am watching is regionals and major banks consolidating and pulling back like in late 70's, and this is not good for anyone out there... Another .75% rate hike yesterday by Fed, another coming before end of year and after... ANYONE without a fixed rate loan/mortgage already in place will be crippled in every way, and a National diesel shortage not being reported honestly, with maybe 25 day supply at best right now for all diesel needs in USA!
…I guess that I will be happy if NV gets the green light, gets federal funding or it is sold at a nice price. I am just not so sure about Cauchari as I don’t like Gangfeng calling the shots in terms of decisions, buyers, pricing, etc. I simply don’t trust them and I would not doubt if Gangfeng would start playing games in order to buy LAC’s portion of Cauchari cheap. It is ironic that LAC would not be able to use the only asset that is about to generate revenue to help NV, where this revenue would probably dwarf any Federal funding. I hope that I am wrong.
My read is similar and I would have preferred to keep the company as it is now. One possible reason for this proposal is that it may be easier for NV to obtain some of the funding help from Biden’s infrastructure bill if the company has no ties to China (Gangfeng). Piedmont Lithium just received $142M from this source for is TN plant, and Lithium NV would probably try to do the same. The other possibility is that one or both of the new companies may be set for a buyout and this split is in preparation for such event. Whichever the reason for the split, I hope it works out for us, but I have my doubts ever since LAC allowed Gangfeng to own 51% of Cauchari, which was a mistake IMHO. And speaking of the Chinese:
https://www.reuters.com/markets/commodities/canada-orders-three-foreign-firms-divest-investments-critical-minerals-2022-11-02/
GLTAH, DYOR, etc……
Many companies do reverse splits. Some separate into separate Entities... Neither is good IMHO... Especially in an environment right now reminiscent of 1978 + and in a time when the USA is not as it was back in 1978 with industry... Like my regional bank recently, closing down more branch offices, consolidating for financial strength, merging, etc... Not separating ???
Lithium Americas Announces Intention to Separate into Two Leading Lithium Companies
November 3, 2022 - Vancouver, Canada: Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") is pleased to announce that, after months of review by the Company, along with its advisors and the Board of Directors, it intends to advance a reorganization that will result in the separation of its North American and Argentine business units into two independent public companies (the “Separation”). The Separation will establish two separate companies that include:
An Argentina focused lithium company (“Lithium International”) owning Lithium Americas’ current interest in its Argentine lithium assets, including the near-production Caucharí-Olaroz lithium brine project in Jujuy, Argentina (“Caucharí-Olaroz”); and
A North America focused lithium company (“Lithium Americas (NewCo)”) owning the Thacker Pass lithium project in Humboldt County, Nevada (“Thacker Pass”) and the Company’s North American investments.
“Following a comprehensive review of the merits of separating Lithium Americas into two public entities, we have reinforced our beliefs that separating the North American and Argentine businesses will facilitate unlocking the full potential of their significant asset base to deliver maximum value to our shareholders and other stakeholders,” said Jonathan Evans, President and CEO. “Upon completion of the Separation, Lithium Americas shareholders will retain ownership in two leading lithium businesses – one of the largest known lithium developments in North America, which is central to the U.S. domestic supply chain, and a near-term producing portfolio with significant growth from two high-quality projects in Argentina.”
Lithium Americas Reports Two Contractor Fatalities at Caucharí-Olaroz
October 24, 2022 – Vancouver, Canada: Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) is deeply saddened to report two fatalities at its Caucharí-Olaroz lithium project (“Caucharí-Olaroz”) in Jujuy, Argentina on Sunday, October 23, 2022. The two separate incidents occurred at the camp and are not believed to be the result of workplace accidents. An investigation into the cause is underway and the authorities have been notified.
“It is with deep sadness that we report the tragic loss of two contractors and colleagues at Caucharí-Olaroz. Our thoughts are with their families and friends and our team in Argentina at this difficult time,” said Jonathan Evans, President and CEO of Lithium Americas. “The health and safety of our employees and contractors remains our highest priority.”
Lithium Americas is working alongside our team at Caucharí-Olaroz to ensure proper support, including access to grief counselling services.
Hit $20s today
Thatd be great . Will load the boat
Id look into BRLL and CDSG they are on the TLC property and dont have endangered species drill ready. ALSO only at .025 pps
Now that everything is approved, when is LAC actually going to start delivering on the Thacker Pass site? Does it take another year before they can actually deliver product to customers?
No need to apologize my feelers aren't hurt. Nearly every sector in the market is down, select few stocks are up. Saying hmmmmm is pretty pointless but whatever floats your boat
i didn't mean to sound so harsh. my bad.
One would go insane trying to make sense of the markets right now, they are correcting. I'm buying dips of my keepers, I have already exited everything I do not intend to keep long going forward. The US is just about ready to run out of diesel fuel , this should be fun.....$LAC long and strong!
What? ENERGY stocks are up big -- what are you talking about. Oil is at $114/barrel and still rising!!!!!!
The entire market is in a correction and that doesn't make sense? Basically stocks have been over valued for over a year
$39s to $19: hmmm? makes no sense .. makes no sense
Time to top up! $LAC long and strong
from $41s to $23s. Hmmm
VANCOUVER , April 14, 2022 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") is pleased to announce the Company has submitted a formal application to the US Department of Energy (“ DOE ”) Loan Programs Office (“LPO”) for funding to be used at its 100%-owned Thacker Pass lithium project in Humboldt County, Nevada (“ Thacker Pass ”) through the Advanced Technology Vehicles Manufacturing Loan Program (“ATVM Loan Program”). The ATVM Loan Program is designed to provide loans for facilities located in the United States for the manufacturing of advanced technology vehicles and qualifying components used in those vehicles.
" Thacker Pass is a unique, large-scale and advanced-stage lithium project representing one of the most significant opportunities to create a domestic lithium supply chain to support the production of electric vehicles in the US,” said Jonathan Evans , President and CEO. “We are pleased to submit our formal loan application and look forward to progressing through the ATVM Loan Program process to accelerate development of Thacker Pass . We are very excited to become a leading supplier of domestic critical materials to support the growth of the domestic battery and electric vehicle industry in response to increased demand and interest from US-based consumers.”
The submission is not an assurance that Lithium Americas will secure funding from the ATVM Loan Program and additional steps remain in the process.
About Lithium Americas
Lithium Americas is focused on advancing lithium projects in Argentina and the United States to production. In Argentina , Caucharí-Olaroz is advancing towards first production and Pastos Grandes represents regional growth. In the United States , Thacker Pass has received its Record of Decision and is advancing towards construction. The Company trades on both the Toronto Stock Exchange and on the New York Stock Exchange , under the ticker symbol “LAC”.
For further information contact: Investor Relations Telephone: 778-656-5820 Email: ir@lithiumamericas.com Website: www.lithiumamericas.com
FORWARD-LOOKING STATEMENTS
Certain statements in this release constitute “forward-looking statements” within the meaning of applicable United States securities legislation and “forward-looking information” under applicable Canadian securities legislation (collectively, “forward-looking statements”). Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such statements can be identified by the use of words such as “may”, “would”, “could”, “will”, “intend”, “expect”, “believe”, “plan”, “anticipate”, “estimate”, “scheduled”, “forecast”, “predict” and other similar terminology, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. These statements reflect the Company’s current expectations regarding future events, financial or operating performance and results, and speak only as of the date of this release. Such statements include without limitation, expectations regarding the status of development of the Company’s projects, expected potential benefits of the Thacker Pass project for creation of a battery supply chain in the United States and resulting benefits to the Company, the outcome of the Company’s loan application filed with the DOE , the completion of a feasibility study for the Thacker Pass project, ability to advance the Thacker Pass project to production and expected product quality, , plans for regional operations in Argentina and expected completion of construction of the Caucharí-Olaroz project, and plans regarding strategic alternatives to finance the Thacker Pass project.
Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements or information, including, but not limited to, risks associated with mining project development, achieving anticipated milestones and budgets as planned, and meeting expected timelines; results of the Company’s engineering, design and permitting program at the Thacker Pass project, including the Company meeting deadlines and receiving and maintaining permits as anticipated; timing, results and completion of a feasibility study and to make a construction decision for the Thacker Pass project including capital and operating cost estimation; successful development of the Company’s projects and ability to produce battery-grade lithium; changes to availability of loan funding, assessment criteria or government policies concerning the DOE loan application; risks associated with the novel nature of the deposit at Thacker Pass ; ability of the Company to simultaneously advance multiple lithium projects to production, and integrate newly acquired operations into its business; availability of strategic alternatives to the Company and on satisfactory terms; risks inherent in litigation that could result in additional unanticipated delays or rulings that are adverse for the Company or its projects; maintaining local community support in the regions where the Company’s projects are located; changing social perceptions and their impact on project development and litigation; ongoing global supply chain disruptions and their impact on developing the Company’s projects; availability of personnel, supplies and equipment; the impact of inflation on the Company, its projects and their economic feasibility; expectations and anticipated impact of COVID-19 on the Company and its mineral properties; unanticipated changes in market price for the Company’s shares; changes to Lithium Americas’ current and future business plans and the strategic alternatives available to Lithium Americas ; changes in government policies and priorities; stock market conditions generally; demand, supply and pricing for lithium; and general economic and political conditions in Canada , the United States , Argentina and other jurisdictions where Lithium Americas conducts business. Additional information about these assumptions and risks and uncertainties is contained in the Company’s filings with securities regulators, including the Company’s most recent annual information form and most recent management’s discussion and analysis for the Company’s most recently completed financial year and interim financial period, which are available on SEDAR at www.sedar.com and EDGAR at www.sec.gov.
Although the forward-looking statements contained in this release are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this release.
Source: Lithium Americas
Deutsche Bank Discusses Lithium Americas' Planned US Asset Separation
2022-04-13 09:28:10 AM ET (MT Newswires)
09:28 AM EDT, 04/13/2022 (MT Newswires) -- Deutsche Bank said Wednesday that it discussed the potential US asset separation of Lithium Americas Corp. (LAC.TO) during its Fireside Chat with CEO Jon Evans.
Deutsche Bank said the potential spinoff is driven by the company's increased focus on establishing a domestic lithium production and supply chain.
This comes as the US and many countries are focused on reshoring lithium production and establishing a domestic supply chain.
There has been an increased interest in local production over the last six to 12 months, which has been the driver for Lithium Americas to explore an asset separation, according to Deutsche Bank.
As I told you all here 3 years ago and did it for years getting hundreds in on LAC as all are now set to make big profits. Those 100s of long LAC investors are part of a PVT forum I meet on. Me personally I am up near a 2 million that is a 100% profit currently having got my original cash out lay back and a little $100k profit in Jan 2001 on only about 3% of my position. The only question for me is how many millions (: . A future hint of how big of a pop that its going to be in the months ahead is a bit of news that is going unnoticed just this month. A west coast EV maker after years of blocking them is lettings the UAW vote at the said EV plant. I guess the EV maker just saw the light lol or is it 60,000 tons of lithium plus a GIGA plant that enlighten the EV makers stance. AS the GIGA that LAC has a permit for at TP will have to be a Union one with all the federal loans its getting. The DD showed all this when I got in a pennies' a share in 2013 and 2014 as I posted on here 100 of times. Best prepare for the big bang coining in a multi Bagger pop Regards Jet LAC >>>>>>>>>>>>>>>>>>>>>>>>$$$$$$$$$$$$$$$$$$$$$$$$$$
Billjet17
Friday, September 14, 2018 3:17:47 PM
Re: tom the doc post# 8093
Post#
8095
of 10340
Doc Its the reason LAC is the best investment future wise Because with those metal Co's or EVs makers you have to pick the winners Like in the 1900s you had to pick which car company would make it Ford or the Hardy motor co Like then picking what they all needed Oil hence Standard Oil and today LAC Its really not that hard Regards Jet LAC>>>>>>>>>>>> PS Let the PPS site and up tic no need to say much and I think you know what a short is for today's short in tomorrow's long and Visa versa Its just when you sell LOL
Cauchari-Olaroz April 2022 video update
44 views Apr 5, 2022
Lithium Americas Corp.
9,383 followers
24m • 24 minutes ago
Cauchari-Olaroz continues to advance with commissioning set to commence in H2 2022. Watch our April construction video update to see progress towards bringing new lithium carbonate to market.
#Argentina Minera Exar S.A. GanfengLithium $LAC #lithium
https://lnkd.in/grj4B4NZ
https://www.linkedin.com/feed/update/urn:li:activity:6917177176316416000/
Thank you Ks and enjoy the weekend!
Yes, that is what I was trying to say. I did sell a few shares in late 2021 when surpassed $40 and bought a few back at the lows. My hope now would be that we get a strong base of support at least in the mid/high $30s or low $40s. This is not easy as we have seen so many times with this stock and it may take a big push to $50 in order to settle in the $40s. The current situation in the sector may help but I make no guarantees.
BTW, I am happy to have LAC, SYAXF and OROCF as my lithium trifecta
I do admit though that the weekly chart shows promise and room to grow and can't discount $50 or above for a high in the next month. It could be possible depending on all the local and world events going on, leading up to the earnings and maybe after earnings next month.
Going after that will depend on what LAC has done and will be forward projecting. We'll have to see what happens and can't discount the inflation, recession, market forces, world supply and demand problems, and how it effects any and all investments. I think everyone should remain cautious at least with any over exuberant expectations.
I assume you mean holding above $40, we had a high of 40.14 yesterday and still need to beat the 41.56 high. But we sure are a long way of the 52wk low. I would suspect at some point here to retrace to somewhere lower before continuing to the $60's where I personally project the value will be. Not this year for 50s, 60s, but good solid mid 40's lows could definitely be valid. There will probably be some sort of spin off and separation of company for policies of battery material supply procurement and will be interesting to see how that's going to play out with it all. But still combined values should easily reach the 60's and beyond within a couple of yrs.
For me anyways, it's nice to play all the dips and valleys along the way while my long positions are playing out.
$40 should be coming any day. $50 by summer?
LAC chart blue sky’s on deck
@edvedtrader $LAC smart money poured in the last two days it looks like before blue skys. $BOXS top OTC lithium play to watch right now hands down https://t.co/PpAlxIKDHs pic.twitter.com/BHaEgYcFGV
— TweetVestor3 (@TVestor3) April 1, 2022
This thing is a beast, the gift that keeps on giving! $LAC long and strong!
Biden to invoke Defense Production Act for electric vehicle battery materials
BY ZACK BUDRYK - 03/30/22 03:44 PM EDT
Biden to invoke Defense Production Act for electric vehicle battery materials
BY ZACK BUDRYK - 03/30/22 03:44 PM EDT
President Biden is set to invoke the Defense Production Act (DPA) as early as this week to step up production of minerals used to manufacture electric vehicle batteries, a source familiar the plans confirmed to The Hill.
Biden is set to issue a presidential determination to stoke domestic production of the minerals, which are used for both stationary batteries and vehicles. The person emphasized that the production will not bypass existing permitting or environmental review processes.
The addition of certain minerals, including lithium, cobalt, graphite, nickel and manganese, to the list of items covered under the law could give mining companies access to some $750 million under the DPA’s Title III fund, the person told The Hill.
The DPA, initially passed during the Korean War to boost aluminum and titanium production, grants the president authority to order domestic production ramped up of certain supplies. Former President Trump invoked it during the COVID-19 pandemic for meat production, while Biden used it shortly after taking office to ramp up production of pandemic-related supplies.
The person familiar told The Hill the White House will implement the order in collaboration with the Energy and Interior departments. The law will not be invoked for loans or direct purchases but rather funding for “feasibility studies, co-product and by-product production at current operations, and productivity/safety modernizations.”
Energy & Environment — Biden to order ramped-up EV battery production
On The Money — Labor market flashes strength ahead of jobs report
As gas prices increase amid the Ukraine conflict, environmental groups have frequently called for the Biden administration to invoke the DPA to aid the development of alternative and renewable fuels.
Bipartisan members of Congress have also backed the idea. Earlier this month, Sens. Joe Manchin (D-W.Va.), Lisa Murkowski (R-Alaska), James Risch (R-Idaho) and Bill Cassidy (R-La.) called for Biden to invoke the DPA for battery materials.
They specifically cited the near-monopoly Chinese companies hold on production of the materials in question, writing, “Allowing our foreign mineral dependence to persist is a growing threat to U.S. national security, and we need to take every step to address it.”
https://thehill.com/policy/energy-environment/600401-biden-to-invoke-defense-production-act-for-electric-vehicle-battery
Lithium Americas call volume above normal and directionally bullish
THE FLY 11:25 AM ET 3/30/2022
Symbol Last Price Change
LAC 37.1544up +4.2044 (+12.7599%)
QUOTES AS OF 02:36:57 PM ET 03/30/2022
Bullish option flow detected in Lithium Americas(LAC) with 38,743 calls trading, 9x expected, and implied vol increasing almost 6 points to 79.67%. Apr-22 40 calls and Apr-22 45 calls are the most active options, with total volume in those strikes near 17,300 contracts. The Put/Call Ratio is 0.06. Earnings are expected on May 5th.
Granholm told conference attendees she would work to streamline permitting for new sources of EV minerals, eliciting loud applause.
"It takes forever to get a new permit. How crazy is that?" said Granholm.
Granholm's department has already received applications for $2 billion in loans to fund U.S. strategic minerals projects from Lithium Americas Corp (LAC.TO), ioneer (INR.AX), Piedmont Lithium Inc (PLL.O) and others.
The department is also proactively contacting junior miners to discuss potential loans.
https://www.reuters.com/business/ceraweek-ev-demand-rises-biden-officials-warm-new-mines-2022-03-11/
It doesn't seem like that long ago we were OTC $LACDF @ $0.70ish per share. $LAC long and strong!
Wasn't that long ago, this stock was in the high $2s.
Excellent post, thank you!
The chip shortage has effected car production and sales to the whole auto market has a whole. That is really old news and way behind the information that all investors should have known and taken in consideration with stocks long ago. There is lot of shortages in different areas that are going to be effecting the way investments are examined. This includes ICE, EV's, and used vehicles EVERYWHERE. People seem to forget that even the ICE vehicles have become sort of hybrid with electric and won't be made, sold, operated, or repaired due to algorithmic, electrical control with involvement of the computer chip, and certain metals, etc.
But really doesn't have much to do with the future market of Lithium though, or the current supply quickly becoming less than the demand. That demand will continue even without any EV market and continue to increase value of LAC.
Every tool, modern tech, industrial, and home products has the demand for lithium and all different batteries that are needed and used. That's not even discussing other medical or other uses currently using lithium.
Why does one think that China has got the overwhelmingly control of all new tech batteries in the world market or why they have done yrs of this control and a large control of the land that produces lithium. They've known for a long time what demand is going to happen and is happening with that increase in demand vs supply.
So discussion of autos really doesn't have too much validity with the future profits or worth of LAC. Whether big oil or certain political factions slows down the transition of less dependency of oil, being paid off by the fossil fuel industry here in the US, the rest of the world mainly Europe and Asia will move on and leave the US in the dust when it comes to that. They already are, which will have nothing but positive effects for LAC. Even US auto maker know this and will be selling more EV's to other countries regardless of any market here in the US.
I suggest anyone not in awareness to these factors already and expressing really old news go back or start to learn better investing and research processes.
I know so in fact. But what's even more funny, is the daily car ads now here asking for anyone's used car to buy for cash! They simply have little inventory everywhere... Neon billboard at one Hickory, NC dealership by the Mall wanting cars to sell... never seen a time like this as far as vehicles unavailable regardless of the higher costs.
I'll be watching $TM and the likes to forecast EV implementation. GM is always late to the game and when they finally show up it is usually with some ill designed throw away car. $GM should have disappeared a long time ago. $LAC long
GM only sold 26 EVs in Q4!
Word is they are still sitting on dealer lots.
Followers
|
179
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
10478
|
Created
|
07/29/10
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |