posted on
Nov 02, 2023 06:12PM
Message: Re: Meger
Both Companys announced that shareholder's cost of old Lac should be apportioned as NewLac at 64% and LAAC at 36%.
I still have belief that we are going to get the Gov financing of at least 1 Billion but hopefully more.
I also think we are approaching a sweet spot with cash flow from LAAC and real progress with LAC project.
The Chinese control over pricing will be affected in our favour with all the new battery plants being built all needing Lithium .
Remember weak hands are usually losers.
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