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about to go up over 2.80
LITHIUM AMERICAS CORP (LAC) PRICE TARGET RAISED TO C$1.90
Only thing is news looks nice chart says DOWN new say UP
Lithium Americas Corp (TSE:LAC) had its target price increased by equities research analysts at Dundee Securities from C$1.60 to C$1.90 in a note issued to investors on Monday. The brokerage presently has a “buy” rating on the stock. Dundee Securities’ price objective would indicate a potential upside of 143.59% from the company’s current price.
http://www.lmkat.com/2016-06-14-lithium-americas-corp-lac-price-target-raised-to-c1-90/
the baby might go sleep sleep if point .54 could come fast
Maybe but big buy coming I think.
Ya it's going spike any time now just watch
3 to 4
ASCENT SOLAR will get a big contract by miltary before the land invasion in Iraq and Syria over the next year.
Kazakhstan forecasts strengthening of national currency. Could lift nete price.
Keep a look out for .61 could be a bouncing point or a warning that we could be adjusting into a down pattern.if it does nt dip or close under .56 we should look for .61 as strong support and keep progressing toward new highs as resistance is low above .67 if were able to get above this would be a nice only other Resistance is .76 and .82
Geologic Resource Partners Llc is a Massachusetts-based hedge fund with more than $192.34 million AUM in January, 2015. Taken from Geologic Resource Partners latest Adv, the fund reported to have 5 full and part-time employees. Among which 1 performing investment advisory and research functions. The hedge fund had between 1-10 clients.
These guys as we say in Boston wicked smart
Net Element, Inc. (NETE) Capitalizing on Mobile Point of Sale Boom
June 10, 2016 (Investorideas.com newswire) Net Element, Inc. (NASDAQ: NETE) is a global, technology-driven company specializing in mobile payments and value-added transactional services. In the U.S., the company's primary focus lies on increasing its transactional revenue through the introduction of innovative, payments-as-a-service transactional platforms to small to medium enterprise (SME) clients. Net Element's flagship platform, Aptito, accomplishes this goal by way of a proprietary, cloud-based point of sale solution designed to deliver efficient operation in an affordable and scalable package.
Initially, Aptito was targeted exclusively at the restaurant industry, offering innovative features such as digital menus and mobile ordering designed to promote faster service while minimizing mistakes. In March, the company expanded upon this solution when it released Aptito for retail stores. Currently available on Apple's (NASDAQ: AAPL) iOS platform, Aptito Retail Point of Sale allows retailers to improve in-store performance by seamlessly tracking purchasing habits, managing inventory and minimizing transaction times. The platform can also be integrated with a number of peripherals, such as a fully integrated cash drawer, thermal receipt printer, barcode scanner, barcode printer and EMV-compliant point of sale acceptance terminal, based on the unique needs of individual retailers.
By expanding its presence in the point of sale software industry, Net Element is well-positioned to capitalize on forecast market growth related to the proliferation of multi-channel shopping and updating of legacy systems. Despite the continued emergence of ecommerce, retail spending continues to dominate the U.S. buying landscape. According to a report by Javelin Strategy & Research (http://dtn.fm/7Bd6c), retail point of sale purchases are expected to reach $4.2 trillion by 2018. Alongside this growth, demand for mobile point of sale platforms is expected to skyrocket. According to 451 Research (http://dtn.fm/J94ge), the global installed base of mobile point of sale devices is on course to grow at a compound annual growth rate of 32 percent from 2015 to 2019, expanding from 13 million devices to just over 54 million.
"In a highly competitive retail industry, we recognize that now more than ever, smaller retailers must focus on providing their customers with the best in-store experience to improve retention, attract new customers and sustain repeat spending," Oleg Firer, chief executive officer of Net Element, stated in a news release. "Aptito Retail POS solution gives retailers insight into their customer's behavior and streamlines payment processes, allowing merchants to focus on their business."
On the international stage, Net Element is focused on delivering its omni-channel payments platform to emerging markets with diverse banking, regulatory and demographic conditions. In March, the company launched Aptito in Russia in an effort to capitalize on the country's forecast growth of information technologies. According to a joint study by the Association of Computer Equipment Companies and McKinsey, growth of information technologies in the Russian market is expected to be roughly 25 percent per year, climbing to $154 billion by 2020. This move continues to highlight Net Element's commitment to establishing itself on the global stage, as detailed by the company's CEO.
"We are entering an underserved point of sale software market, that has tremendous opportunity," added Firer. "Approximately 39% of our revenues came from outside of the United States, up from 9% a year ago, and this trend continues to grow."
Earlier this week, Net Element provided another update on its growth in the Russian Federation when it announced that its wholly-owned subsidiary, Digital Provider, enabled mobile payments acceptance for Wi-Fi Internet access at one of the busiest airports in the country. Another of the company's subsidiaries, PayOnline, was ranked as a top five payment acceptance company in the 2016 Internet Acquiring Rank report of Russian analytics agency Markswebb Rank & Report. According to Markswebb, roughly 80 percent of Russian internet users between the ages of 19 and 64 (about 43.8 million people) make at least one online purchase per month, further highlighting the significant opportunities for growth currently being pursued by Net Element and its subsidiaries.
In the first quarter of 2016, Net Element's commitment to growth and innovation helped it achieve strong financial performance in a number of markets. The company's net revenues for the three months ended March 31, 2016, were over $11.2 million, up 103 percent from the comparable period of the previous year. With the launch of Aptito for retail stores and entry into the Russian market, Net Element is strategically positioned to build on these results throughout the balance of 2016.
Net Element is led by an experienced management team offering a unique blend of leadership, vision and creativity. The company's CEO, Oleg Firer, is responsible for its overall vision and strategy. Firer has considerable experience in the payments space, having previously served as executive chairman of current Net Element subsidiary Unified Payments. Under Firer's lead, Unified Payments recorded revenue growth of 23,646 percent over a three year period, earning it the title of ‘Fastest Growing Company' from Inc. Magazine in 2012. Prior to his time with Unified Payments, Firer held numerous senior executive positions in private equity, payment processing, wireless communications and technology firms.
For more information, visit www.netelement.com
About to take off. Looks like we could see a jump over 3.00 to 4.00 by Monday Tuesday. This stock is ready.
Points to consider
1.It is expected that the local Jujuy government will also take a 8.5% stake in the project as they did with Orocobre (OTCPK:OROCF) (TSX:ORL) (ASX:ORE). That would most leave LAC with 45.75%.
2. if LAC were to fund their 275m share with 70% debt and 30% equity, that would require issuing 110m shares at CAD 1.00. That would amount to a dilution of ~33%. This assumes the raising could achieve the price of CAD 1.00.
3.By 2021, with LAC 45.75% share of 40ktpa production, my model shows an end of 2021 stock price target of US 2.19, based on the same above assumptions. Net profit would be around CAD 97m.
4.Experts top picks
Joe Lowry ("Mr Lithium") - Joe likes Lithium Americas and Galaxy Resources.
Chen Lin - Likes Orocobre and Lithium Americas
5.Price target $1.65 US 2019 2021 $2.82 us So to put in Bagger Terms a PPS of .20 = 10 bagger 2.00 dollars .30 3.00 Dollars.
6.APPLE stock is about 100 a share and would have to hit 270 a share to be 2.7 fold by 2019 and 450 for a 4.5 fold by 2021 for something to think about Risk Comparison.
Note I am Long on Both and I also trade them and hold them.
Lithium Americas: A Well-Valued, Near-Term Lithium Producer
http://seekingalpha.com/article/3981266-lithium-americas-well-valued-near-term-lithium-producer
nice read
lot of consolidation today I tryed to sell some shares at .645 and I could not get my order filled I am thinking this is heading for a little bear move over the next week I wanted to lock some of my gains in. Maybe try a rebuy depending on were it settled. I am not ruling out a good dip. We seen the go from .70 + down 20 a few times and I would love to capitalize on a move like that. Still 2 years off from anything production or salea.that is all the funding comes with out dilution.
you two guys are about the only funny ones on this board. Some on this board are not realistic at all.I most say this stock has cost me the most out of all my the trading and learning over the last 3 years I have learned the most from losing money on this Ascent Solar Technologies learning by losing cost 7000.00 so fare. lessons I have learned 1. do not average down into a losing position. 2 News is not always going to work in your favor.3 never hold a position over night in margin without having a stop limit.4.never trust anything said on a message board.5 do not hold onto a position just because you lost so much what does it matter if you lose more.6. Do not piss your capital away on undeserved risk like Penny stocks.7.Great products without great management will offset each other. 8
China connection adds extra risk to anything. 9 Stick with your trade plan breaking it just to try to remove a black mark on your trading score card will result in more black marks. 10. revisit what does not work just as much as what does work and learn from your mistakes.
Maybe it was a rental car funded with series H preferred stocks.
Victor Lee Car 2012 google Image I think is the coupe convertible in this 2012 google Image.
https://www.google.com/maps/@39.920433,-104.9851687,3a,15y,108.92h,90.63t/data=!3m6!1e1!3m4!1sXRRjo6ESnVwM2P6EZ7m5Gg!2e0!7i13312!8i6656
I cant make out the type of car this is. Bought I also seen in 2012 the grass was landscaped.I am not sure if there is a more current Image of Ascent Solar Technologies. There is a Starbucks down the road so I am thinking coffee access is also not why this stock is not moving up. There is no logic to this post so feel free to add anything.
LACDF Bearish Doji Star on 6/8/2016 with confirmation Bearish Engulfing 6/9/2016
The Ichimoku Cloud on the daily chart was Resistance on 6/3/2016 .61 to .62 is the cloud support to kep in mind if this starts going down to add to a position or take some profits. we have 3 levels of support before any major down bear move to be worried about and they are .62 .60 .58.
On a more positive note this could just be a small few day pull back and before the weekend news and volume could keep this moving up. levels to watch are .67 .69 .71 if break .71 its take off time very little resistance above to stop any major break out based on some strong volume and news.
happy trading.
Augmented Reality and Virtual Reality Market by Device Type, Component, Vertical, and Geography - Global Forecast to 2022
http://www.prnewswire.com/news-releases/augmented-reality-and-virtual-reality-market-by-device-type-component-vertical-and-geography---global-forecast-to-2022-300280608.html
Call that one on chart today.
we could see a nice run today if we break .63 it could run up to .65 we just need some volume today and this will hold over .61.
Infromation with link
FORM D
OMB APPROVAL
OMB Number: 3235-0076
Estimated Average burden
hours per response: 4.0
Notice of Exempt Offering of Securities
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10015875
Chmelauskas Jay
Street Address 1 Street Address 2
Suite 1100 - 355 Burrard Street
City State/Province/Country ZIP/Postal Code
Vancouver BRITISH COLUMBIA, CANADA V6C 2G8
Relationship: ? Executive Officer ? Director
15. Sales Commissions & Finders' Fees Expenses
Provide separately the amounts of sales commissions and finders' fees expenses, if any. If the amount of an
expenditure is not known, provide an estimate and check the box next to the amount.
Sales Commissions $ 12902 USD
Under Rule 506(b), a company can be assured it is within the Section 4(a)(2) exemption by satisfying the following standards:
The company may sell its securities to an unlimited number of "accredited investors" and up to 35 other purchases. Unlike Rule 505, all non-accredited investors, either alone or with a purchaser representative, must be sophisticated—that is, they must have sufficient knowledge and experience in financial and business matters to make them capable of evaluating the merits and risks of the prospective investment;
I was looking at the same on the charts myself i sold a bunch at .75 few weeks ago bought back at .64 would have been lower bought i had a wash sale
that i should have avoided. There is a chance it does not retreat to .54 there is strong support at .56 .54 and the big level at .48 .There is a Doji candle 6/2/2016 if the stock closed above .63 then the Cloud on the Ichimoku could be the support on the daily charts and we could see a advance up. I feel with new and any report of institutional buyers we are going to spike up fast. also check these out for more information.
http://www.otcmarkets.com/common/showMorningstarReport?symbol=LACDF
I also just would like to add I trade LACDF from and hold some share Long but I also do not mind selling them or buying them again lower.
NEW WEBSITE DESIGN.
http://www.infinityar.com/
Keep your eyes open for some mutual fund or ETF fund buyers we could get some large volume buys soon.
Hold on strap the baby into the car seat
It's about to blast off. $$$$$$
How Much of a Re-rating?
I believe LACDF could nearly triple from today's $0.59 to $1.5-1.75, or CAD 2.00 on the TSX exchange in relatively short order. This would equate to about USD 480-560M market cap, based on 320M fully diluted shares outstanding. At that valuation, LAC will be at an approximate 50% discount to the $1 - 1.25B I expect it should rise to once in production in 3-4 years.
This 50% discount is a standard, if not conservative, market convention for natural resource developers that have definitive paths to production, but still await final financing and construction, which in LAC's case is expected to be by year-end 2016/Q1 2017. And this USD 480-560M excludes about USD35M cash from SQM and expected exercise of outstanding option and warrants, as well as LAC's Nevada Lithium Project and Hectatone businesses, which at the time of LAC's merger last year with Western Lithium were valued at USD75M.
From 2017 through production at end 2018/2019, I would expect LACDF to rise more slowly, but still double to $3 - 3.50, as they hit construction milestones and first production begins and is ramped up. Supporting these timelines are comments from CEO Tom Hodgson and President John Kanellitsas in their recent conference call.
…" over the course of the rest of this calendar year, we would expect to update that definitive feasibility study and to agree a detailed business plan with SQM…
...So as soon as the feasibility study and the work plan is complete, we have our business plan settled and let's assume the end of 2016, we could update permits and begin construction immediately…
…I think if you are focusing on late 2018, early 2019 that's probably a sensible focus for getting into production…"
History of LACDF stuff to think about that could in pack your investment starting in 2012 with this agreement. And moving forward to 2016 . I will be posting geological resources connection in a separate post.
LAC signed a letter of intent (LOI) in November 2012, with Jujuy Energia y Mineria Sociedad del Estado (JEMSE). JEMSE is the provincial government of Jujuy’s mining investment company, helping to develop local mining projects. JEMSE will acquire an 8.5% equity interest in the Cauchari-Olaroz Lithium Project under the terms of the LOI and, provides LAC with the ability to navigate the local and regional political structure in Argentina. JEMSE will aid LAC in the most efficient processes for import of equipment for project development and also liaise with the Central Bank of Argentina for import and export of currency.
This agreement between JEMSE and lithium developers is not unprecedented as JEMSE struck a similar deal with Orocobre (ORL:TSX, ORE:ASX, OROLF:OTCBB) in the earlier stages of that company’s project development.
It is assumed that once project financing is attained, the LOI will become a formalized agreement.
LAC also has an option on an off-take agreement in place with Symatec (Magna). According to the feasibility study, Symatec’s agreement allows it to purchase up to 25% of the Company’s Li2CO3 production, at a 5% discount from market prices.
In return for the discount to the market price, Symatec agrees to certain terms including the option to provide interest free financing for project development. Specifically, the contributed amount will be equal to its off-take rights.
As an example, if LAC produces 20,000 t Li2CO3, Symatec would purchase 5,000 tonnes. Financing would be made available in the amount of 25% of $269,000,000 (or $67,250,000). In addition to this, Symatec can help arrange for low interest financing for an additional 25% of the project cap ex. This arrangement could provide 50% of the overall project cost.
SQM 25 million used to pay loans to Lind
So the lithium Americas can own Minera Exar S.A. and move forward with the 600 million dollars plant. So when we look back at 2014 before Western lithium bought out lithium Americas we can look at the POSCO deal.
LITHIUM
LITHIUM INVESTING
PROJECT UPDATE: POSCO Deal Positive for Lithium Americas
« Lithium Outlook: Lithium …New “Pomegranate” Des… »
Vivien Diniz • January 21, 2014
Add Comment
0000
PROJECT UPDATE: POSCO Deal Positive for Lithium AmericasWhen one of the world’s largest steel and advanced minerals companies decides to set up shop next door, it can only mean good things.
Shares of lithium development company Lithium Americas (TSX:LAC) were up 20 percent on Friday after the company announced that it has teamed up with POSCO, Korea’s largest steel company and a leading developer of advanced materials processes. According to the January 17 press release, POSCO will be situating its next-generation lithium extraction pilot plant at the Lithium Americas Cauchari-Olaroz project in Jujuy, Argentina. The company expects the plant to be operational by Q4 2014.
For years, POSCO has been developing a new, innovative lithium extraction technology that can compete with traditional brine evaporation technologies. POSCO’s technology is faster than current evaporation methods and can also minimize the associated environmental footprint of large-scale evaporation ponds.
Franco Mignacco, the company’s vice chairman and president of its Argentinean subsidiary, Minera Exar, is encouraged that POSCO has selected its Cauchari-Olaroz project as the location for its large-scale pilot plant.
“We look forward to working with POSCO and their lithium team to pursue the application of this advanced lithium extraction technology that significantly shortens the commercial production timeline for lithium and potassium compared to traditional evaporation technology,” Mignacco said.
Per Lithium Americas’ press release, POSCO will be responsible for developing the technology, as well as managing and operating the pilot plant. For its part, Lithium Americas will provide local support and the resources for the brine. According to the release, “the Agreement is limited to pilot plant operations, but provides for an exclusivity period in the future to negotiate terms of a commercial stage operation. Costs of building, delivering and operating the pilot plant will be borne by POSCO, which also retains 100% ownership of the pilot plant.”
On Monday, Lithium Americas announced that it will be filing a preliminary short-form prospectus within each province of Canada in respect to a rights offering aimed at raising roughly $18.5 million. Net proceeds of the offering will be used to repay all of the company’s outstanding debt (currently approximately $9.5 million) and for general working capital purposes, including the continued funding of its flagship Cauchari-Olaroz project.
Details of the voting are as follows
2016
Fast forward to vote that was turned down
And then was funded by SQM.
Total shares voted in favour: 30,852,358 (36.91%)
Total shares voted against: 52,729,019 (63.09%)
As a consequence of the shareholder vote, the Company expects to settle payment of the loan with cash. The loan has a maturity date of April 30, 2017 and of the original US$3.5 million face value, approximately US$2 million has previously
settled by the issuance of common shares to Lind. The Company's current cash position is approximately US$16.5 million at corporate level and US$10 million in the joint venture subsidiary Minera Exar S.A.
SEC Transaction Summary — Last 6 Months
Buy/Sell
Buys
8
Sells
0
Total
8
Shares
Bought
3,366,664
Sold
0
Gross
3,366,664
Net
3,366,664
ASTI Financial Accounting Standards Board (FASB)
I find this interesting I think as part of the 10Q they should have all there information highlighted bold and red if its related to Risk. I understand its up to the share holder or person they hire or trust to be able to read and understand all sec forms and risk.It just is very hard to. I thank who ever is responsible for the technology advancements in charts and technical indicators.without them I Would need a degree to figure out any of this.
In August 2014, the FASB issued ASU NO. 2014-15 Presentation of Financial Statement -Going Concerns Disclosure of Uncertainties about an Entity,s Ability to Continue as a Going Concern.
Ending December 15,2016
Disclosure of Uncertainties about an Entity’s Ability to
Continue as a Going Concern
Under generally accepted accounting principles (GAAP), continuation of a
reporting entity as a going concern is presumed as the basis for preparing
financial statements unless and until the entity’s liquidation becomes imminent.
Preparation of financial statements under this presumption is commonly referred
to as the going concern basis of accounting. If and when an entity’s liquidation
becomes imminent, financial statements should be prepared under the liquidation
basis of accounting in accordance with Subtopic 205-30, Presentation of
Financial Statements—Liquidation Basis of Accounting.
Even if an entity’s liquidation is not imminent, there may be conditions or events
that raise substantial doubt about the entity’s ability to continue as a going
concern. In those situations, financial statements should continue to be prepared
under the going concern basis of accounting, but the amendments in this Update
should be followed to determine whether to disclose information about the
relevant conditions and events.
Currently, there is no guidance in GAAP about management’s responsibility to
evaluate whether there is substantial doubt about an entity’s ability to continue as
a going concern or to provide related footnote disclosures. U.S. auditing
standards and federal securities law require that an auditor evaluate whether
there is substantial doubt about an entity’s ability to continue as a going concern
for a reasonable period of time not to exceed one year beyond the date of the
financial statements being audited. U.S.
18 bagger 1000 shares bought .15 for 150.00 dollers sold at .75 for 750.00 bought back .20 on dip 3750 for 750.00 dollers sold again at .75 for 2,812.50 18 time profit on 150.00 investment now since this stock has had 3 big swings and above is only a sample of 150.00 on 2 swings. Same investor with a pps of .30 would only be holding a 2.1 bagger why the other guy would have a 18 bagger. How about the guy who shorted on the down and whent long he would be 2 times better then the 18 bagger even being wrong 1/4 of the time.
This baby is leaving the crib and eating string cheese drink juice box and heading to collage so get ready to be cared for with all that $$$$$$$ LACDF SQM.
Stocks going to be going up wait for bangs.big time move up coming lithium prices.and it looks like the site might have had done technical trouble on investorshub all the links to mod handbook are not working and the Administrators are doing there best to help so be patient it's being fixed.
March 30, 2016
Lithium Americas Reports on Results of Annual General Meeting,
Appointment of New Directors and New Chairman of the Board,
and Announces Upcoming Conference Call.
Prior to commencement of the Meeting, Jay Chmelauskas, William Haldane, B. Matthew Hornor
and Terry Krepiakevich resigned from the board and withdrew their names as nominees for
election as director at the Meeting
Terry Krepiakevich CPA, CA, ICD.D Audit Committee and Compensation Committee Chair
Note that as Compensation Committee Responsibilities The responsibilities associated with serving on the compensation committee of a company’s board have increased significantly in recent years with the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and mandated “say on pay,” governance reform and enhancements, and increased shareholder activism. With the increasing complexity of the executive compensation landscape, effective management of the ongoing operations of the compensation committee has become increasingly challenging. An understanding of the fundamental responsibilities of the compensation committee and some “best practice” guidelines for committee procedure is essential to effective and responsible committee operations.
Having over 30 years of experience, including financial leadership and strategic direction in treasury, financial reporting and control, capital markets, investor relations, corporate governance, operations and information systems management, mergers, and acquisitions.
His resigning gives incite into the take over abilities of George Ireland and John Kanellitsas Geologic Resource Partners LLC hedge fund.and now after Western Lithium has changed its corporate name to Lithium Americas Corp.under the new management and Minera Exar S.A.
Lithium Nevada Corp ("Lithium Nevada" or "LNC"). and Hectatone Inc are sliced up into a nice pie ready to better serve Lithium Americas Corp. ("Lithium Americas" or "LAC").
Notice how this definitive agreement with Sociedad Quimica y Minera de Chile S.A. ("SQM") (NYSE: SQM) to enter into a 50/50 joint venture (the "Joint Venture") on the Cauchari-Olaroz lithium project in Jujuy, Argentina (the "Joint Venture Transaction").
The Joint Venture will go into effect following a capital contribution of US$25 million by SQM in exchange for a 50% ownership stake in Minera Exar S.A. ("Minera Exar"), a wholly owned subsidiary of LAC.
One piece of the Pie Minera Exar.
.
LACDF Lithium Americas
Lithium Americas management geological resources George Ireland hedge fund has invested money and management team influence as the president. Lithium has been considered the next gasoline what the Tesla battery Factory Volkswagen also planning on a gigafactory that in the global lithium demand is giving fuel to all lithium stocks. Lithium Americas Argentina claim is one of the most easy to production brine evaporation it is scheduled to be online for 40000 tons a year by 2018 2019. The stock currently now is Trading about $0.64 a share it has range from point .12 -to .85 from 2013 to 2016. It is very possible that this stock could break a dollar with in this year. It could be a 10 + bagger by 2024 . Chris Berry was just a moderator for a bunch of lithium companies in Las Vegas including lithium Americas. So there should be some new articles coming out within the week. This might have a direct impact on the stock moving it up more.
Lithium Americas
PAGE 36 February 9, 2016 Nitice of Annual Geneal Meeting of the Shareholders.
Options are exercisable for a period of five years from the date the option is granted or such greater or
lesser period as determined by the Board. Options may be earlier terminated in the event of death or
termination of employment or appointment. Vesting of Options is determined by the Board. Failing a
specific vesting determination by the Board, options automatically become exercisable incrementally over
a period of eighteen months from the date of grant, as to: (i) 25% of the total number of shares under
Option immediately upon the date of grant; and (ii) at each six-month interval thereafter, an additional
25% of the total number of shares under Option such that after the 18th month of the option period, 100%
of the option will be exercisable.
The right to exercise an option may be accelerated in the event a takeover bid in respect of the Common
Shares is made.
why stock dropped 11% I posted information that could have had a negative effect investors understand there is LONGS and short and hedge funds also make there money off takeovers buyouts and shorting leaving the simple investor holding a BIG BAG by running a stock up then they hire people to short attack the price down.
LAC share price dropped Before it Was Bought out by Western Lithium. then changed the name back to Lithium America. These guys are wealthy for being smarter then the average INVESTOR.
Information showing that in Lithium America own Circular that I voted on AS I AM A SHARE HOLDER WHO OWN SHARES.
I posted that its possible to sell of any portion of the company or all of the company in the event of a takeover bid.
I also posted that I think there is other sources like Greenbrook Capital Partners Inc Geologic Resource Partners LLC And the Biggest connection is Magna International for they have given 10.5 Million to LAC before interest free.
Try reading Lithium Americas website i posted it the section your confused its from there site so if its off topic maybe you should e-mail investor relation and as for clarification and being obtuse to the the rest of my post i will link the rest of the post information locations.
PAGE 36 februar 9, 2016 Nitice of Annual Geneal Meeting of the Shareholders.
Options are exercisable for a period of five years from the date the option is granted or such greater or
lesser period as determined by the Board. Options may be earlier terminated in the event of death or
termination of employment or appointment. Vesting of Options is determined by the Board. Failing a
specific vesting determination by the Board, options automatically become exercisable incrementally over
a period of eighteen months from the date of grant, as to: (i) 25% of the total number of shares under
Option immediately upon the date of grant; and (ii) at each six-month interval thereafter, an additional
25% of the total number of shares under Option such that after the 18th month of the option period, 100%
of the option will be exercisable.
The right to exercise an option may be accelerated in the event a takeover bid in respect of the Common
Shares is made.
poster asked why stock dropped 11% I posted information that could have had a negative effect investors understand there is LONGS and short and hedge funds also make there money off takeovers buyouts and shorting leaving the simple investor holding a BIG BAG by running a stock up then they hire people to short attack the price down.
LAC share price dropped Before it Was Bought out by Western Lithium. then changed the name back to Lithium America. These guys are wealthy for being smarter then the average guy with his family money or hard earned money working a 9 to 5 .
I posted information showing that in Lithium America own Circular that I voted on AS I AM A SHARE HOLDER WHO OWN SHARES.
I posted that its possible to sell of any portion of the company or all of the company in the event of a takeover bid.
I also posted that I think there is other sources like Greenbrook Capital Partners Inc Geologic Resource Partners LLC And the Biggest connection is Magna International for they have given 10.5 Million to LAC before interest free.
I would start to wounder if I had a monothematic delusion in regards to one and only one view point.
There has been rumors that LAC will sell of Minera Exar S.A.That is a company of Lithium America Corp. publicly listed in the Toronto Stock Exchange with the symbol "LAC" that closed its financing of $45 millions in May this year.
The talk is LAC will not be able to come up with there half of the estimated to cost a total of 500-600 mln, how in the world is LAC going to come up with the half of that? The market cap on LAC is only 177mln, and they are expected to raise or borrow 300 mln for the project?
you never know LAC has connection to Magna International Inc Jan. 07, 2010 is understood to have participated in a $10.5-million equity financing by Toronto-based Lithium Americas Corp. that was completed Dec. 23. The equity deal gives Magna the right to acquire a percentage of any lithium produced by the mining company in exchange for an interest-free loan for some of the money needed to develop the project in Argentina.
There is many options to progress this stock for the share holder along with HIGH RISK compared to other places to Invest. but "If we allow risk to be a fear, then we are sure not to succeed. But, if we approach risk with proper planning, and a good attitude, then most times we can minimize the risk and use it to our advantage."
From http://www.ieco.clarin.com/economia/Preven-invertir-US-millones-procesar_0_1571842885.html
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Plan to invest US $ 500 million in a plant to process lithium
Jujuy
The project would start in 2018 and is linked to the site Salar de Cauchari and Oraloz.
Entrepreneurs project managers production of lithium carbonate in Salar del Cauchari and Olaroz, in Jujuy, anticipating the Secretary of Mining, Daniel Meilan, who are planning to launch during the first half of 2018 the construction of a plant of 40,000 tons, with investments close to 500 million dollars.
View also: Furor by lithium: they sell 50% of Argentina Mining for US $ 25 million
Shortly "optimization studies on the process of hydrogeology and installation of solar pond, and if construction begins as planned production could begin in the first half of 2019" will be held, said Patricio de Solminihac, CEO of SQM (Sociedad Quimica y Minera de Chile).
The company participates in the consortium led by Minera Exar (controlled by Canada Lithium Americas), along with Magna International manufacturers of batteries, automotive Mitsubishi Corporation and the state jujeña Jemse.
Minera Exar has a package of lithium mining rights over 110,000 hectares, where reserves are estimated at 4.9 million tons of carbonate plus 7.7 million potassium.
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The right to exercise an option may be accelerated in the event a takeover bid in respect of the Common
Shares is made. from
Other funding Greenbrook Capital Partners Inc Geologic Resource Partners LLC
NEO Lithium discovers high-grade lithium deposit in Argentina
From satellite imagery Tres Quebrados just looked like an ordinary fresh-water lake.
But when Waldo Perez stuck his hands into the brownish liquid he discovered something else entirely.
“The first thing you notice is that it isn’t fresh water—it’s brine,” he says. “It’s oily, it’s dense, it’s heavy, it’s kind of black, and it was totally unexpected. It is a rare phenomenon to find large bodies of lithium brine exposed on surface—the size that you can actually see in a satellite image—so it was missed all these years.”
Initial surface samples came back with some of the highest grade lithium readings the geologist has ever seen in Argentina, ranging from a high of 1,390 milligrams per litre lithium down to 896 milligrams per litre lithium.
The samples were also incredibly dense, with some density measurements as high as 1.30 grams per litre. By contrast, density readings from other salars in the region typically range between 1.18 grams per litre and 1.22 grams per litre, Perez says.
“It’s the densest existing brine that I am aware of and it’s the fourth highest-grade lithium brine known today—at least from the surface samples,” Perez says with excitement in his voice. “There are other salty water bodies in the Puna, but none contains this kind of grade of lithium and this density.”
Perez is no stranger to lithium exploration. He lead the team that discovered the Cauchari lithium deposit—the third largest lithium brine deposit in the world—now owned by Lithium Americas (TSX: LAC), a company he set up privately and took public in 2010.
That team left Lithium Americas in 2013 and started looking for the next big one. They believe they have found it with Tres Quebrados, a discovery they made just five months ago in December 2015. Perez hopes to list his new company, NEO Lithium Corp., on the TSX Venture Exchange later this year.
“You’ve seen a lot of buzz in the lithium industry recently but we’re not new to this, we’ve been doing this for more than a decade,” Perez explains in an interview. “And we have re-assembled what is probably one of the most elite teams in the world for this type of deposit.”
Both Cauchari and Tres Quebrados are situated in northwestern Argentina and make up part of the Puna Plateau, an area also known as the “lithium triangle” that straddles Argentina, Chile and Bolivia.
Cauchari is located near Argentina’s border with Bolivia, while Tres Quebrados, 500 km to the south, is closer to the country’s border with Chile.
Tres Quebrados—“3Q” for short—is also about 30 km from another big lithium deposit in the region called the Maricunga salar in Chile.
Perez points out that the lithium grade at Tres Quebrados is 50% higher than at Cauchari. “As a matter of fact,” he says, “the lowest grade at Tres Quebrados is the highest grade at Cauchari.”
Tres Quebrados also has very high potassium or potash values that average about 0.81%. “Anywhere else in the world, 0.81% potash is a standalone potash project,” Perez says. “Potash in Utah for example is produced from brine that is 0.70% or 0.60% potash.”
In addition, Perez points out that other lithium brine projects spend part of their budget on adding lime during the evaporation process to produce potash. But chemical results from preliminary sampling at Tres Quebrados show that the brine there does not require the addition of lime to precipitate the potash.
Preliminary brine evaporation simulation indicates that the brine may reach lithium concentration levels of 1% and produce potash without using any reagents, which also suggests there is potential to direct ship the concentrate, Perez explains.
By contrast, he estimates that Cauchari and other salars such as Hombre Muerto (owned by FMC Corp. (NYSE: FMC)) and Atacama (owned by Albermarle (NYSE: ALB) and SQM (NYSE: SQM)) all require lime. At Cauchari he estimates that adding lime will likely make up about 30% of the company’s projected operating costs.
“We are already there—we don’t need to do anything—we can produce potash just by letting the brine dry in the sun,” Perez says. “It’s amazing and potash will be a very significant byproduct.”
Among the many other attractive qualities Tres Quebrados has to offer, he says, is that, unlike many lithium brine deposits, it has very low concentrations of magnesium and sulfate, impurities that can be difficult and costly to extract.
“They’re not contaminants in terms of being hazardous to the environment, they are contaminants because they sequester your lithium, making it harder to recover,” he explains. “So you have to look at these two elements to see if you will be able to put a lithium project into production…sulfate (an iron) is a little easier to get rid of, but it will increase your production costs.”
As for magnesium, he says, anything above 10 times more magnesium than lithium would make the project uneconomic. At Tres Quebrados, the average magnesium/lithium concentrations is less than 1.6. As for sulfate, there is no hard limit (as for the number 10 in magnesium), but most projects have sulfate/lithium ratios above 10 or even 50, while Tres Quebrados has a sulfate/lithium ratio of 0.6. That makes the combined magnesium and sulfate impurities among the lowest of all known salars, he says.
While it is still very early days and many more studies need to be done, Perez believes that the low magnesium and sulfate concentrations at Tres Quebrados could make it one of the lowest-cost lithium projects out there. “The chemistry is very clean, which is very encouraging,” he says.
Perez adds that so far the chemistry at Tres Quebrados appears to be very similar to that of China’s Zhabuye lithium brine deposit in Tibet, which has been in production since 2004-2005. “This type of brine ‘lake’ or reservoir deposit is rare, but it exists, and until now there was just one—Zhabuye. But we have just discovered the second one.”
Other positives include its location–the complex is about 250 km from the Chilean port of Caldera and is in a part of Argentina that is uninhabited.
Tres Quebrados consists of three targets—the northern lithium brine reservoir, the central salar and central brine reservoir, and the southern green salar and brine reservoir.
The complex measures around 160 sq km, but the company has staked a total of 300 sq. km to ensure its hold over the surrounding land package. It also owns 100% of the project and has the rights from surface owners to explore and mine the land.
Perez still marvels at how NEO Lithium was able to stake its claim in an area where most, if not all, salars, have already been taken.
“Argentine geologists and others have been looking for lithium for the last ten years so all the salars have been staked by somebody—someone has ownership,” he says. “But this one was missed. It’s amazing, actually, but natural at the same time. If you’re a geologist and you see what looks like a lake, the last thing you want to do is sample it because you just assume that it’s fresh water, and that it comes from the rivers and the snow. You never think that there will be a whole lake of brine—that’s unprecedented.”
Perez notes that the ‘lake’ is probably not the target—it’s what he calls the “payback hill” or the exposed portion of the ore body. There is brine in the lake, there is brine under the lake and there is brine in the salar, he explains, the lake is just showing you a portion of the ore body.
“It would be like if you were looking for oil and you found a lake of oil. This is what we have here only it’s a lake of brine.”
As for Perez, he made a name for himself long before he started looking for lithium deposits.
He is credited with the discovery and development of the Paso Yobai gold deposit in Paraguay as vice president and then CEO of Latin American Minerals (TSXV:LAT). He was also project generation manager for Barrick Gold (TSX: ABX; NYSE: ABX) and Iamgold (TSX: IMG; NYSE: IAG) in Argentina and directly involved in the discovery and development of the Loma de Leiva gold mine, now owned by Patagonia Gold (TSX:PAT; LSE: PGD), and the El Tranquilo gold deposit, also owned by Patagonia Gold
Read more at http://www.stockhouse.com/companies/bullboard/Bullboard/t.lac/lithium-americas-corp#Ah6fjhqztlPBOVq6.99
The Verizon Strike Is Not Just About Wages. It Is About Power and Domination Over Workers.
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Richest lithium nation risks being left behind in Tesla-led boom
by Eduardo Thomson
The electric-car revolution is here and Chile is looking to ramp up production of the lithium the industry needs for batteries. Or it would be, but for a bitter dispute between the government and the former son-in-law of a military dictator.
After Chile's government moved to withdraw its license to exploit one of the world's largest deposits, Soc Quimica & Minera de Chile opted to invest in a lithium project across the Andes in Argentina and is trying to block a project by Albemarle in Chile. SQM is controlled by Julio Ponce, the former husband of the late dictator Augusto Pinochet's daughter.
Demand for lithium is soaring as Tesla Motors prepares to start production of its mass-market Model 3 battery-powered car and Chevrolet prepares an all-electric "Volt". The soft,silver-white metal is also used in cell phones.
As of last year, Chile held 54 per cent of the world's known lithium reserves, almost all of it in brine underneath the vast salt flats of the Atacama desert. For now though, it's neighbouring Argentina that looks to be moving faster to capture surging demand, rather than the normally investor-friendly Chile. New Argentine President Mauricio Macri has removed currency and capital controls and a mineral export tax to lure investment.
LOSING GROUND
"This bickering and this back and forth in Chile is detrimental" to production, said Chris Berry, president of research firm House Mountain Partners and editor of the Disruptive Discoveries newsletter. At the same time "the political climate in other parts of the world is changing - and the case in point is Argentina."
Sales from SQM's lithium operations rose 62 per cent in the first quarter as prices surged. The metal and its derivatives accounted for 41 per cent of gross profit, the mining company reported Wednesday, up from 19 per cent a year earlier.
Government agency Corfo, which is legally the owner of mining concessions that SQM exploits in the Salar de Atacama salt-flat, is seeking to rescind the rights, alleging the company has underpaid. SQM said the accusations are unfounded and subsequently announced a joint venture in neighboring Argentina which is targeting production of 40,000 metric tons per year of lithium carbonate by 2019.
RIVAL CHALLENGE
That's not all the company is doing amid its spat with the Chilean state. In April, SQM said it will seek to block an expansion project by rival Albemarle in Chile, citing concern that the operation will have a bearing on its own environmental procedures.
Corfo had announced a 27-year contract with the Baton Rouge-based Albemarle in February to expand production in exchange for a royalty of about 40 per cent of sales. The state agency declined to comment. SQM didn't respond an e-mail with questions.
The dispute between SQM and the government doesn't come out of the blue. In 2012, an auction that awarded SQM rights to produce an additional 100,000 tons of lithium was annulled after a review discovered that the company failed to meet all requirements.
And controversies continue. The company has fired its CEO for an illegal campaign-financing scandal that has tainted almost all the country's political parties. At the same time, Julio Ponce is fighting in courts a fine of about $70 million imposed by the securities regulator for illegal trading in shares of SQM's holding companies.
INVITING BIDS
The series of quarrels has led Ponce to hire a unit of Itau Unibanco Holding to invite bids for his controlling stake in one of those holding companies.
As Chile bickers, Argentina may surpass it in the next few years as a lithium producer.
Australia's Orocobre, with backing from Toyota Motor, produced 2,232 tons in the first quarter from its Salar de Olaroz in northern Argentina and is expected to reach full capacity in September.
Admiralty Resources is in the pre-production phase at the Salar de Rincon, Galaxy Resources is developing the Sal de Vida salt-bed project and Lithium Americas is working with SQM on the Cauchari venture, according to a presentation from the Argentine government. SQM agreed to pay $US25 million ($35 million) to Lithium Americas for 50 per cent of that project, which will begin construction in 2017.
STRATEGIC INDUSTRY
Prices for lithium carbonate at 99.5 per cent purity in China more than tripled in the last 12 months to 168,000 yuan per ton ($36,000) from 49,000 yuan, according to Asian Metal, as the government subsidizes electric buses to help clean up smog levels. While prices are falling in China, elsewhere in the world they will continue to climb, Citigroup said in a report. In 2015, Chile produced about 35 per cent of global lithium output totaling 200,000 tons, according to estimates from consultancy Stormcrow Capital.
It's not as if Chile doesn't recognise the potential for lithium. The government has declared it a strategic industry, which means that it won't hand out concessions to private miners but rather invite companies to form partnerships with state companies such as copper miner Codelco. But those projects will take time to get online, according to Berry.
"The market is growing, but supply isn't going to stand still and wait for SQM and the Chilean government to iron out their differences," Stormcrow President Jon Hykawy said by e-mail.
Bloomberg