ryry12305 a ? about funding were it would come from. First the Estimated start-up costs for the 40-year-life project were US$314 million based on this estimate that would be 157 Million SQM 157 Million Lithium Americas. SQM invests USD $25 million to acquire a 50% interest that is like a retainer for a lawyer.
So how will Lithium Americas come up with its half. Market Cap C$146 millionCash Position US$6.1 million (as of 12/31/15)Top Shareholders Geologic Resource Partners; Bangchak Petroleum; Magna International; Directorsand Management.
1. In real estate they say that SUCCESS all boils down to LOCATION, LOCATION, LOCATION. And if you ask anyone who has been an experienced and successful real estate investor, they will confirm that statement to be true.
2.To succeed in junior mining stock investing, it all boils down to MANAGEMENT, MANAGEMENT, MANAGEMENT.
3.Another sign of a quality company is their ability to raise money. This again reflects back to our earlier statement emphasizing MANAGEMENT. Do they have a team in place that has the connections to raise the money? How, when, and the frequency they raise money is extremely important as well.
4. A good quality junior company may already have an existing resource of some sort that they are trying to expand. This kind of situation represents better quality and less risk than someone who has no resource and is just drilling holes to make a discovery. Your odds greatly increase in your favor if you invest in companies that already have an existing economic resource.
5. When the major investors in the market act, they exert tremendous influence over stock prices. Institutions such as mutual funds, pension funds, and banks buy and sell stocks in large blocks. These large transactions tend to drive prices up or down depending on the degree of buying or selling. Stocks are just as subject to the law of supply and demand as any other product. When demand for a stock increases, its price usually increases. Conversely, stock prices tend to fall when there is an ample supply of shares or decreased demand.
6. Supply and Demand Tesla secures 180 000 orders for new EV in 24 hrs, drives auto sector demand for lithium. There had also been a rush on Nevada brine projects since the start of the year. “There is of course no guarantee that these mines will come to production – most won’t – but the world does need more lithium,” Moores stressed. The lithium market was currently experiencing a supply shortage and price spikes for lithium carbonate and hydroxide. It had also been well documented that prices have increased significant on the back of surging battery demand from Asia. “It’s also important to note that Tesla Gigafactory demand hasn’t hit the market yet. The questions over EVs have been answered. Now the issue is all about lithium supply,” Moores advised. t
So to Answer your ? about funding for the plant these are sum examples that could lead to funding.
