Re: Getting to the bottom of Lithium America's share count and % ownership by Ganfeng
posted on
Oct 02, 2022 11:44AM
HC Andersen: "If there is an approval, I see that Gangfeng's share in Lac will be exchanged for a larger share in CO, and then there will be a division of the two companies."
My preference would be that HC turns out to be 100% prescient about his prognostication in reference to Gangeng's actions should the Thacker Pass Project proceed to construction status post a positive decision by Judge Du regarding the present litigation over whether or not BLM's ROD was properly executed.
Then again, LAC has a history of yielding a larger slice of the pie at Cauchari-Olaroz to Ganfeng on more than one occasion, so why should now be any different?
Okiedo