Re: LAC video and article...
in response to
by
posted on
May 28, 2022 01:19PM
I understand your views well, but if one believes in electrification, Lithium is necessary and Lac management. Then I can not see the idea of being out of Lac, and I justify this with the fact that there can / will always be news that can have a major correction as a result. Downside I do not see as very risky, but upside can be great. Here are some things that can happen.
sale of the entire Lac at a 2 year projected value above USD100
Agentina will be sold at a value of USD75
- There will be news describing current values
- There will be sales and production budget for 2022 production from Agentina, or sales contract.
- Partnership with a US partner for future Thacker project, Ford, GM etc.
- Expansion of projects in Nevada
- Approval of Nevada project, I know it's late in the year, but it can be accelerated.
Conclusion, I do not have to be out or bet on other stocks that are better for a period of time, remember you can also lose on them.
Having invested since 1999, and losing in 2000, came wholeheartedly in through 2008, and always won where I lay long and was patient. To all, of course, this is only an attitude and strategy, not an investment advice.