Replies to post #8794 on Lithium Americas Corp (LAAC)

[tikotiko]

Thanks for sharing
...and this is one more reason why the company should only focus on Argentina’s project. Getting financing now for Nevada would be a mistake, because it will add more debt while the lithium market/prices are currently down.

[PatienceisVirtue]

I haven't read the financials yet, but keep in mind the 45.6 million spent the first quarter may include prepays, deposits for services in the future. Not all of the 45.6 maybe cash outlay for actual work done to date.

New projects normally spend more in cash upfront when a project begins and lessens as the project moves on.