Re: LAC October Presentation
in response to
by
posted on
Oct 21, 2020 05:17AM
Pavel: "The presentation still support production start in Q1 21 "
I don't understand that statement. It doesn't jive with the information in the Form 6-K. As I pointed out previously, year -1 is 2021 and there is no revenue listed for that whole year. There is no revenue listed because production is now shoved forward to "early 2022". Please correct me if I misinterpret the document
I again refer to page 324, section 22.4.1 ( Lithium Carbonate Production Schedule ) and Table 22.2 ( Production and Revenue Schedule ) from Form 6 - K, Lithiium Americas Corporation, dated 19 October 2020.
2021 is now referred to as: Year - 1 and the three criteria of
Total Revenues (US$ 000s) |
|
Accumulated Revenues (US$ 000s) |
|
Li2CO3 |
All 3 Criteria are a Big Zero for that year. No Total Revenue. No Accumulate Revenue and No Li2CO3 Production... None of these 3 Criteria happen, at least according to this document, until the year 2022.
Okiedo