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Message: Lithium Americas Announces Closing of US$100M ATM Offering

 „…Or, maybe we can just take the company for their word that they want to complete CO…” 

Firstly, I do consider Evans to be a relatively honest guy. But that comment you have mentioned just does not add up. On every presentation since I remember, LAC has always stated, that they are fully funded till CO production. And now they need 100 mill. to get there? How it comes? Can you explain that? Or at least make LAC to explain that? IMHO, they are just cooking another delay on top of the previous one (speculation) and getting quite close to the point, that taking money from the table may eventually be a good idea. 

“…Albrant…"

Well, he has all rights to be sour on LAC, because he just got it wrong all way here by backing Pure Energy Minerals instead of LAC, which was of course wrong. It looks like PEMIF is doing reverse split, apparently to get rid of current shareholders and make a space for new money, so it’s a double hit for him: missing LAC loosing the investment in PEMIF. But he is a fun and not that boring as others :-) on TOB.

 

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