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Message: Good News-Bad News viewpoints on Lithium Americas

Yes, this is a big deal and will certainly open the door for new investment. Hoping the CO phase I ramp up is smooth and quick. With GNENF involvement it should. This is what I was referring to as "production". It will take time to ramp up, become profitable, and then have a quarter that reflects revenue. It's just going to take 2-3 quarters to get there - IMO. I truly hope I'm incorrect about the future of this economy as expressed previously. But I believe we just witnessed a portion of what's to come with regards to the broader market. 

The rate of return we experience from below $10 (my lowest entry was under $8 with a $14 average) until now in such a short period of time is really terrific. I imagine the next 3x multiple will be a longer period of time for those shares purchased at today's $25. Not saying it's a bad time to buy. 

I think there's still time to sell a few LAC puts. 

 

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