Lithium Americas Corp (LAC)

[Kswies]

Very informative post from Toast...(post #9012)

John K. called me today regarding a nasty email that I sent to IR and it was a very informative conversation and I felt like a teenager being gently calmed by the assistant principle (very nice guy):)

Key topics were:
Basically, market is not currently rational about Lithium. He did mention that there will be a reversal from oversupply in 2020 (especially Battery Grade Lith).

Institutional investors are staying on sidelines because they need returns immediately and not 6-8 months down the road, so they sit until production nears.

He explained how they don't play IR and social media games and throw wasted money at these tactics like most other failing juniors use.
We are 14 months out on production MBD1, and closer to 6 before we can hope to see SP move .

Don't quote me on this but, I think he said We are 8 times ebita and Thacker Pass isn't even in that equation yet.

LAC management have really always stood by what they say they are going to do since the Western days. They have always been pretty straight forward.

He also mentioned Ganfeng, ALB, SQM and LTHM having a pulse / turnaround lately!

LAC LONG
Have a great weekend!