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Message: Re: From Matt.

Cal
Jun 25, 2020 09:15AM
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Jun 25, 2020 10:09AM
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Jun 25, 2020 10:56AM
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Jun 25, 2020 02:14PM
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Jun 25, 2020 02:29PM
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Cal
Jun 26, 2020 09:16AM
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Jun 26, 2020 10:06AM

 

 Despite the fact, that my first purchase in this company was 50k shares of Western Lithium, I am not really a long time holder. Few years ago, when LAC went to $10/share I have made a colossal stupid mistake (dont ask me how, I just did it) and instead of selling, I have initiated a buy order at around $8/shares :-). Since that I have become a "trader" to eliminate that error.

 

However to answer the question, should things go well, I am not planning to sell in 2025. Should Evans be right and would evolve LAC into a chemical company, then the fair price should be north of $30 (I believe somewhere I put my estimate of $60) and would eventually pay dividend. With the costs per share around $3, I may get my initial investment back via dividends. That of course assumes, that I am not going to meet some other trend worth of investing.

 

Anyway, lot of things can happen till 2025. Just my 2 cents...

 

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Cal
Jun 28, 2020 11:41AM
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Jun 28, 2020 02:04PM
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Jun 29, 2020 03:53AM
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