I don't think I've seen this posted here so some may not have seen this yet. It came out in conjunction with their promotion of LAC to 4 Stars. Not much new, but a great summary and reminder to us all of LAC's potential value. They note a current fair value of USD $45, CAD $57. They assess that construction at TP will start next year which I think we may need to admit is the most likely scenario given the timeline of the lawsuits and appeals, and awarding of final permits. From what I understand LAC wants to begin (major) construction early in spring, so that would be 2023 with a completion and commissioning date of mid to late 2025.

I hope the link works. This is my first attempt at creating a link from a PDF file. Enjoy.

Morningstar Equity Report 17 Mar 2022