Monday, February 05, 2018 8:06:00 PM
Unlike Nemaska, LAC is fully financed and will be up and running beginning of 2020. Yes, that is a ways off and there are a few junior mines coming online before. Those may see some advantage, but over the long haul all of these junior mines with financing will rise as the lithium boom continues(minus this pullback after huge gains last year). It's like having gold in reserve and the lithium boom will go deep into the next decade and is why many of these mines without mining(LAC, ALTAF, PILBF) have had just as good of gains as mines online already(Orocobre, Galaxy).
The 50/50 partnership with SQM provides stability, experience, and workforce. As you may know lithium mines like Orocobre have had trouble meeting production goals.
Also. LAC has huge, solely owned, reserves of clay based lithium in Nevada. Genius folks like Dr. Deak are working full time to crack that puzzle. So LAC is a long term solid play. A little slower than some but built for the long haul
Also only lithium pure play on an American stock exchange.
Oh and bargain prices. Just an all around not super sexy, but kinda sexy lithium play.
Recent LAAC News
- Lithium Argentina to Release First Quarter 2024 Results on May 13, 2024 • GlobeNewswire Inc. • 04/22/2024 08:43:00 PM
- Lithium Argentina Reports Fourth Quarter and Full Year 2023 Results • GlobeNewswire Inc. • 03/21/2024 12:01:08 AM
- U.S. Index Futures Trade Sideways Amid Anticipation of Fed’s Policy Update; Oil Prices Dip • IH Market News • 03/20/2024 11:17:32 AM
- Lithium Argentina Announces Appointment of Two New Board Members • GlobeNewswire Inc. • 03/19/2024 09:42:58 PM
- Lithium Argentina Announces Ganfeng Lithium Agrees to Acquire Interest in Pastos Grandes for $70M • GlobeNewswire Inc. • 03/05/2024 02:26:41 PM
- Lithium Argentina Announces Appointment of new President and CEO • GlobeNewswire Inc. • 02/26/2024 09:15:00 PM
- Lithium Argentina Announces 2023 Production Results for Caucharí-Olaroz • GlobeNewswire Inc. • 01/10/2024 09:02:47 PM
- Lithium Americas Provides Thacker Pass Update with Q3 2023 Carve-Out Financials and MD&A • GlobeNewswire Inc. • 11/09/2023 09:58:16 PM
- Lithium Argentina Reports Third Quarter 2023 Results • GlobeNewswire Inc. • 11/07/2023 10:24:10 PM
- Lithium Americas Closes Separation to Create Two Leading Lithium Companies • GlobeNewswire Inc. • 10/03/2023 08:00:59 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM