Here's a link,
https://capedge.com/filing/1440972/0001062993-23-003640/LAC-F10A
It's a massive document that covers a lot of technical details. This sounds unrelated to the GM deal. I'm still trying to think of what this 1 billion could be for.
Fear of the DEO not delivering? Seems hard to believe. Or perhaps LAC is wanting to be even more aggressive acquiring new assets?
I believe this can be used as needed between now and 2026 I believe, so perhaps they just want to be opportunistic of we get some serious pops in SP as the loan in announced, and if the broad market continues to show bullish technicals?