$545M on the balance sheet
posted on
Jan 20, 2021 10:19AM
I could not ask for anything better. Our little company LAC is more than likely going to head into next week with a $20+ stock price, $545m in cash on their balance sheet and a BLM approved project at TP that will require minimal if any phase 1 financing from outside sources. No offtake agreements and 100% ownership. LAC is not only going to join the lithium majors, they are going to lead the group in 2-3 years. I am looking forward to doing some EBITA cash flow modeling in the future. Stay the course everyone. Go LAC!!