Monday, August 29, 2016 3:12:25 PM
"Stage 1 capex is estimated at $425 MM ($212.5 MM for LAC’s interest) with an
additional $250 MM for Stage 2."
Looks like stage one requires a capX of about the current market cap...$212 Million... and stage 2 about that amount again... Where will it come from??? Share dilution for sure ! Looks like we should expect 3X the current number of shares. With around 300 Million shares currently outstanding it looks like we will be around 1 Billion shares !!!
additional $250 MM for Stage 2."
Looks like stage one requires a capX of about the current market cap...$212 Million... and stage 2 about that amount again... Where will it come from??? Share dilution for sure ! Looks like we should expect 3X the current number of shares. With around 300 Million shares currently outstanding it looks like we will be around 1 Billion shares !!!
The only place where success comes before work is in the dictionary
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