Lithium Americas Corp (LAAC)

[tikotiko]

I tend to agree with you Oso. I have stated before that I would prefer a delay in the NV project, but IMO Olaroz should produce ASAP. It is therefore disappointing to hear that first production has been pushed back. But I am frankly not surprised. I saw this coming and small delay and higher costs do not bother me too much. Ks brings a good point in that current global conditions for lithium are less than optimal. In my opinion, this will play out with LAC achieving first production in 2021H2 or perhaps 2022. Also, I do not expect a quick ramp up to nameplate production capacity. We may see 5k to 10k LCE production during the first couple of years, and a gradual increase for several years thereafter. Brine production is difficult.
I remain patient and watchful about both Olaroz and Nv. I may also buy more shatrs if it drops below $3 US.