Re: Good buy Arena..
in response to
by
posted on
Dec 21, 2022 09:41AM
“…The deal, expected to close in the third quarter of 2023, would help integrate two neighboring projects operated by the companies in Pastos Grandes basin.
"The significant synergies between our two projects and a better understanding of the basin will enable us to advance development planning and maximize our growth pipeline in Argentina," said Jonathan Evans, CEO of Lithium Americas. ..”
I am beginning to suspect that Jon Evans priorities somewhat tilted towards T-P. Not that he does not care about C-O, of cause he does, but subconsciously – he is not going to be the CEO of LAC International, he will be in charge of Lac America.
I can sympathize with Pavel’s frustration, first we were told that production in Argentina starts in the beginning of 2023, then H2 and now the latest company presentation pushed it to H3.
There is a good old saying : “ Work the iron while it’s hot”. LAC needs to get into the game while the game is still on.
There is no guarantee how this field will look five years from now, regardless of rosy projection, things can get changed with world situation or new technologies. Every investor has his own time/horizon.