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Message: Re: GM and the DOE Loan

Jan 21, 2024 12:36PM

Cornergrinders:  "So what happens if the loan does'nt get approved what does this do to GM's second infusion of cash for Thacker"

See page 28 of the featured presentation of LAC for 15 January 2023.

GM Tranche 2:  GM to invest $330 Million Dollars into Lithium Americas contingent on Lithium Americas securing sufficient available capital to fund the development of Thacker Pass Phase 1.

It is that "contingent on" that is the key here.

  If This then That just means that if "THIS" doesn't occur...... then "THAT" doesn't occur.  

Looking through the FOG.

See the January 31 2023 News Release for Lithium Americas.

Still more Fog ahead:  Onward through the FOG!

Okiedo


Jan 22, 2024 12:52AM
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