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The merger will happen. “In its press release, the company said that its board of directors had authorized management and its external advisors to consider a broader range of strategic alternatives, including a potential sale of the company, merger or other business combination, investments in other Canadian cannabis companies.”
Merger may be with Aurora 1.5 Bil MC, Canopy 6.8 Bil MC, Cronos 2.4 Bil MC or Constellation 40 Bil MC. Aurora and Constellation are well known to buy into existing cannabis companies.
“merger with a larger cannabis company...already garnered interest from multiple Cannabis companies.” https://alternativefinancenews.com/investing/stocks-investing/sundial-growers-merger-possibly-on-horizon/
MERGER, MERGER; “We should expect further talk of a merger in the near future.” https://alternativefinancenews.com/investing/stocks-investing/sundial-growers-merger-possibly-on-horizon/
We have the same advice for holders and potential buyers. Buy!
States are legalizing, Sundial is selling vape carts almost as fast as they can produce them.
We should expect further talk of a merger in the near future.
Sundial Merger Possibly On The Horizon
https://alternativefinancenews.com/investing/stocks-investing/sundial-growers-merger-possibly-on-horizon/
One of these potential alternatives would be a Sundial merger with a larger existing cannabis company. An alternative that has already garnered interest from multiple Cannabis companies.
Sundial Has The Vape Game On Lock
Virginians support Governor’s legalizing marijuana https://www.wsls.com/news/local/2020/11/18/virginians-react-to-governor-northams-support-of-legalizing-recreational-marijuana/
Virginia Attorney General Marijuana legalization is crucial: https://www.wsls.com/news/2020/11/17/virginia-attorney-general-mark-herring-marijuana-legalization-is-crucial-for-promoting-equity/
Marijuana legalization defying partisan divide: https://www.cbsnews.com/news/marijuana-legalization-is-defying-the-partisan-divide/
Virginia's governor backs legalizing marijuana: https://wtop.com/virginia/2020/11/virginia-governor-pushes-to-legalize-marijuana/
Congress Vote On Federal Legalization Next Month:
https://www.marijuanamoment.net/congress-will-vote-on-federal-marijuana-legalization-next-month-house-leadership-announces/
Pathway Rx Connection: Data collected from previous studies conducted in collaboration with Swysh and commercial partner Sundial Growers reveals that some medical cannabis cultivars can help reduce the severity and complications of COVID-19 disease.
https://www.newswire.ca/news-releases/pathway-rx-advances-research-that-shows-potential-for-medical-cannabis-to-treat-covid-19-847899238.html
Listed States That Legalized Marijuana: https://www.esquire.com/lifestyle/a21719186/all-states-that-legalized-weed-in-us/
New York, New Jersey, Arizona, Philadelphia decriminalized, respectively.
https://www.nj.com/marijuana/2020/11/it-soon-could-be-legal-to-possess-up-to-6-ounces-of-weed-in-nj-as-bill-advances.html
In production: “Basically, LAC has two projects in Argentina and one in the U.S., in Nevada. Do you remember where Tesla (NASDAQ:TSLA) has its Gigafactory? Nevada.
Situated the country’s “Lithium Valley”, there’s the interesting possibility that TSLA, especially now that it’s stock price has soared and it has tons of cash, could buy LAC and vertically integrate the operation into it massive battery production plant.
Its Thacker Pass property is already producing lithium sulfate from its production mine in Argentina as it goes through paperwork on its U.S. mining operations. But it’s potential for Gigafactory business is a real opportunity whether it’s acquired or simply a significant supplier.”
https://finance.yahoo.com/news/5-lithium-stocks-buy-batteries-132002396.html
LAC IS IN A GREAT FINANCIAL POSITION AND HAS THE THIRD LARGEST PRODUCTION TPA DEF IN THE WORLD.
ALBERMALE IS THE LARGEST. https://www.reuters.com/article/us-livent-results-idUSKBN1XG26Z
LIVENT:https://www.statista.com/statistics/1092073/argentina-lithium-carbonate-production-livent/
It’s either Carl Icahn or Warren Buffet. They have both been properly informed about this company, thank you so much.
Lithium Outlook 2020: The Lithium Decade Begins
https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/lithium-outlook/
Major Supply Shortage To Hit Lithium Markets
https://oilprice.com/Energy/Energy-General/A-Major-Supply-Shortage-Is-Set-To-Hit-Lithium-Markets.html
LAC Announces Positive Feasibility Study for Stage 1 of Cauchari-Olaroz Lithium Project
https://panorama-minero.com/semanales/lithium-americas-announces-positive-feasibility-study-for-stage-1-of-the-cauchari-olaroz-lithium-project/
Post this on ST:
“Ganfeng has Lithium Contracts with BMW, Tesla Inc and LG Chem Ltd as key customers, expand its dominance over the EV supply chain.”
https://www.reuters.com/article/lithium-americas-ganfeng-lithium-idUSL1N2A704J
Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) Recently provided results of a
40,000 tonnes per annum ("tpa") definitive feasibility study ("40,000 tpa DFS"
or "DFS") on the Caucharí-Olaroz lithium project ("Caucharí-Olaroz" or the
"Project") currently under construction in Jujuy Province, Argentina.
Caucharí-Olaroz is 100% owned by Minera Exar S.A. ("Minera Exar"), a 50/50
joint venture between Lithium Americas and Ganfeng Lithium Co., Ltd. ("Ganfeng
Lithium"). Lithium Americas and Ganfeng Lithium have authorized Minera Exar to
proceed with the plan to produce 40,000 tpa of battery-quality lithium
carbonate ("Li [2] CO [3] ") as outlined in the DFS.
"With construction underway and funding in place, the results of the 40,000
tpa DFS further supports Caucharí-Olaroz as a scalable, high-purity source of
lithium carbonate for battery material customers," commented Jon Evans,
President and CEO of Lithium Americas. "We are thankful for the hard work from
the team at Minera Exar, the support from the government of Jujuy, and our
50/50 joint venture partner, Ganfeng Lithium, for their financial and
technical contributions towards optimizing the process design and securing key
equipment for the lithium carbonate plant."
https://www.bloomberg.com/press-releases/2019-10-15/how-mining-stocks-may-be-benefiting-from-political-and-social-forces-pushing-electric-vehicle-ev-demand-to-new-levels
Ganfeng and Lithium America’s are in a 100% joint venture named “MINERA EXAR,” which is all LAC, for the LAC PROJECTS IN ARGENTINA AND NEVADA. The joint venture is: (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to announce that it has completed the previously announced transaction with Ganfeng Lithium Co., Ltd. (together with its subsidiaries, “Ganfeng Lithium”) in respect of their joint venture company, Minera Exar S.A. (“Minera Exar”) (the “Transaction”). Minera Exar owns 100% of the Caucharí-Olaroz lithium project (“Caucharí-Olaroz”) currently under development in Jujuy, Argentina.
The
“On closing, Ganfeng Lithium subscribed for new shares of Minera Exar for cash consideration of US$16 million increasing its interest from 50% to 51%, with Lithium Americas owning the remaining 49%. In addition, Lithium Americas received US$40 million in cash from the proceeds of a non-interest-bearing loan from Ganfeng Lithium. For more details on the Transaction, please refer to the Company’s press release dated February 7, 2020.”
https://www.globenewswire.com/news-release/2020/08/27/2085160/0/en/Lithium-Americas-and-Ganfeng-Lithium-Complete-the-Cauchar%C3%AD-Olaroz-JV-Transaction.html
Shorts in big danger here. “Ganfeng has Lithium Contracts with BMW, Tesla Inc and LG Chem Ltd as key customers, expand its dominance over the EV supply chain.”
https://www.reuters.com/article/lithium-americas-ganfeng-lithium-idUSL1N2A704J
Shorts should continue to drop this price. This is the covering percentage we need for long term.
Ganfeng is the powerhouse here with all the connections needed for massive distribution and supply agreements for LAC.
“Ganfeng has Lithium Contracts with BMW, Tesla Inc and LG Chem Ltd as key customers, expand its dominance over the EV supply chain.”
https://www.reuters.com/article/lithium-americas-ganfeng-lithium-idUSL1N2A704J
“Ganfeng has Lithium Contracts with BMW, Tesla Inc and LG Chem Ltd as key customers, expand its dominance over the EV supply chain.”
https://www.reuters.com/article/lithium-americas-ganfeng-lithium-idUSL1N2A704J
Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) Recently provided results of a
40,000 tonnes per annum ("tpa") definitive feasibility study ("40,000 tpa DFS"
or "DFS") on the Caucharí-Olaroz lithium project ("Caucharí-Olaroz" or the
"Project") currently under construction in Jujuy Province, Argentina.
Caucharí-Olaroz is 100% owned by Minera Exar S.A. ("Minera Exar"), a 50/50
joint venture between Lithium Americas and Ganfeng Lithium Co., Ltd. ("Ganfeng
Lithium"). Lithium Americas and Ganfeng Lithium have authorized Minera Exar to
proceed with the plan to produce 40,000 tpa of battery-quality lithium
carbonate ("Li [2] CO [3] ") as outlined in the DFS.
"With construction underway and funding in place, the results of the 40,000
tpa DFS further supports Caucharí-Olaroz as a scalable, high-purity source of
lithium carbonate for battery material customers," commented Jon Evans,
President and CEO of Lithium Americas. "We are thankful for the hard work from
the team at Minera Exar, the support from the government of Jujuy, and our
50/50 joint venture partner, Ganfeng Lithium, for their financial and
technical contributions towards optimizing the process design and securing key
equipment for the lithium carbonate plant."
https://www.bloomberg.com/press-releases/2019-10-15/how-mining-stocks-may-be-benefiting-from-political-and-social-forces-pushing-electric-vehicle-ev-demand-to-new-levels
Ganfeng and Lithium America’s are in a 100% joint venture named “MINERA EXAR,” which is all LAC, for the LAC PROJECTS IN ARGENTINA AND NEVADA. The joint venture is: (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to announce that it has completed the previously announced transaction with Ganfeng Lithium Co., Ltd. (together with its subsidiaries, “Ganfeng Lithium”) in respect of their joint venture company, Minera Exar S.A. (“Minera Exar”) (the “Transaction”). Minera Exar owns 100% of the Caucharí-Olaroz lithium project (“Caucharí-Olaroz”) currently under development in Jujuy, Argentina.
“On closing, Ganfeng Lithium subscribed for new shares of Minera Exar for cash consideration of US$16 million increasing its interest from 50% to 51%, with Lithium Americas owning the remaining 49%. In addition, Lithium Americas received US$40 million in cash from the proceeds of a non-interest-bearing loan from Ganfeng Lithium. For more details on the Transaction, please refer to the Company’s press release dated February 7, 2020.”
https://www.globenewswire.com/news-release/2020/08/27/2085160/0/en/Lithium-Americas-and-Ganfeng-Lithium-Complete-the-Cauchar%C3%AD-Olaroz-JV-Transaction.html
https://www.bloomberg.com/press-releases/2019-10-15/how-mining-stocks-may-be-benefiting-from-political-and-social-forces-pushing-electric-vehicle-ev-demand-to-new-levels
Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) Recently provided results of a
40,000 tonnes per annum ("tpa") definitive feasibility study ("40,000 tpa DFS"
or "DFS") on the Caucharí-Olaroz lithium project ("Caucharí-Olaroz" or the
"Project") currently under construction in Jujuy Province, Argentina.
Caucharí-Olaroz is 100% owned by Minera Exar S.A. ("Minera Exar"), a 50/50
joint venture between Lithium Americas and Ganfeng Lithium Co., Ltd. ("Ganfeng
Lithium"). Lithium Americas and Ganfeng Lithium have authorized Minera Exar to
proceed with the plan to produce 40,000 tpa of battery-quality lithium
carbonate ("Li [2] CO [3] ") as outlined in the DFS.
"With construction underway and funding in place, the results of the 40,000
tpa DFS further supports Caucharí-Olaroz as a scalable, high-purity source of
lithium carbonate for battery material customers," commented Jon Evans,
President and CEO of Lithium Americas. "We are thankful for the hard work from
the team at Minera Exar, the support from the government of Jujuy, and our
50/50 joint venture partner, Ganfeng Lithium, for their financial and
technical contributions towards optimizing the process design and securing key
equipment for the lithium carbonate plant."
Ganfeng and Lithium America’s Co. work together in a 100% joint venture named “MINERA EXAR,” which is all LAC, for the LAC PROJECTS IN ARGENTINA AND NEVADA. The joint venture is: (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to announce that it has completed the previously announced transaction with Ganfeng Lithium Co., Ltd. (together with its subsidiaries, “Ganfeng Lithium”) in respect of their joint venture company, Minera Exar S.A. (“Minera Exar”) (the “Transaction”). Minera Exar owns 100% of the Caucharí-Olaroz lithium project (“Caucharí-Olaroz”) currently under development in Jujuy, Argentina.
“On closing, Ganfeng Lithium subscribed for new shares of Minera Exar for cash consideration of US$16 million increasing its interest from 50% to 51%, with Lithium Americas owning the remaining 49%. In addition, Lithium Americas received US$40 million in cash from the proceeds of a non-interest-bearing loan from Ganfeng Lithium. For more details on the Transaction, please refer to the Company’s press release dated February 7, 2020.”
https://www.globenewswire.com/news-release/2020/08/27/2085160/0/en/Lithium-Americas-and-Ganfeng-Lithium-Complete-the-Cauchar%C3%AD-Olaroz-JV-Transaction.html
WE HAVE LG. https://www.industryweek.com/leadership/article/22026386/chinese-lithium-giant-agrees-to-threeyear-pact-to-supply-tesla
Announcements from Ganfeng on plans for its relationship with Tesla, as well as battery producer LG Chem Ltd., help signal the quality of its products to potential investors ahead of a planned initial public offering in Hong Kong, Nomura Holdings Inc. analyst Jamie Wang said in an email.
WE HAVE TESLA ON HOLD.
China’s top producer of lithium, a metal used in electric-vehicle batteries, said it’s agreed a deal with Tesla Inc. to supply a fifth of its production to the vehicle maker, highlighting the push for supply pacts.
Tesla will designate its battery suppliers to buy lithium-hydroxide products from Ganfeng Lithium Co. and its unit, the Jiangxi-based company said in a filing to the Shenzhen exchange on Friday. The agreement runs from 2018 to 2020 and could be extended by three years, Ganfeng said. Its shares jumped.
Electric-vehicle producers including Elon Musk’s Tesla are pushing to secure supplies of lithium for batteries as investors and mining companies gauge the potential for growth in the industry. Still, the burgeoning market has been roiled in 2018 by price declines, and forecasts from some banks that a wave of new mining projects will outpace demand growth.
https://www.industryweek.com/leadership/article/22026386/chinese-lithium-giant-agrees-to-threeyear-pact-to-supply-tesla
Ganfeng is China's largest producer of lithium and the world's second- or third-largest producer (depending on source) behind the United States' Albemarle, and perhaps also behind Chile's SQM. In September, Ganfeng revealed that it has an agreement with Tesla to supply the EV maker with 20% of its annual lithium hydroxide production through 2020, which could be extended by three years
https://www.fool.com/investing/2019/03/26/who-are-teslas-lithium-suppliers.aspx
https://www.google.com/search?q=lithium+americas+tesla&ie=UTF-8&oe=UTF-8&hl=en-us&client=safari
Where does Tesla get lithium from?
Lithium is produced either from brine, commonly found in South America, or spodumene hard rock, usually in Australia. In Nevada, Tesla plans to mix clay with table salt and then add water, which it says causes a reaction where the salt would leach out with lithium, which can then be extracted.
Where does Tesla get lithium from?
Lithium is produced either from brine, commonly found in South America, or spodumene hard rock, usually in Australia. In Nevada, Tesla plans to mix clay with table salt and then add water, which it says causes a reaction where the salt would leach out with lithium, which can then be extracted.
Massive News: “Strategic investors include Magna International with 13.3% and Mitsubishi Corporation with 4%. Both investors are involved with vehicle manufacture and have secured the option to purchase up to 37.5% of lithium output for battery production. The 37.5% off-take option is contingent on the 2 parties providing up to 37.5% of the project financing via interest free loans, and assisting Lithium Americas in securing up to an additional 37.5% in project financing via third party lenders.
Mitsubishi will also provide technical collaboration on studies to recover lithium from brine, and their ultimate goal is to form a joint venture with LAC to put the project into production pursuant to a memorandum of understanding (MOU) executed by the two parties.”
https://www.proactiveinvestors.com/companies/news/75163/lithium-americas-positioned-to-become-major-lithium-producer-10508.html
Big moves developing. PATIENCE!
“Lithium Americas remains in a strong financial position as we advance both of our projects,” he added.
“With an additional $40 million in cash on our balance sheet and over $200 million in available capital to fund our share of Caucharí-Olaroz, Lithium Americas remains in a strong financial position as we advance both of our projects,” he added.