The post on Yahoo regarding cash burn for Lac is completely wrong. The jouanalist who wrote that post has not understood the factual situation for Lac at all.

Of course, they have cash burn and not enough money at all to establish a brand new Lithium mine, and that is precisely what is positive for Lac that they have government loans on the way, that they have the next payment from GM on the way, all this they do not write , but writes that they run out of money during the year. The fact is that if they had not secured the said funds well over $2 billion. they will of course run out of cash, and everyone has been aware of that except the writer of the article.

That is surely what is costing the big drop today. Really hope Lac comes out and comments on this post because it is pure manipulation.