By - josh198989
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Congrats on being an LAC investor. You have selected what is very likely to be the next major producer. I left some comments below ... to put it gently, you have left out a ton of information here. But you are on the right track. :)
- Caucharí will be producing in mid 2022.
- LAC just purchased Millennial.
- LAC has been investing in Arena Minerals. Millennial's lithium brine project, Pastos Grandes is *immediately adjacent* to Arena's Sal de la Puna project. Arena is an exploration company and it makes sense that LAC will want to buy that as well.
- LAC has something like $400m cash on hand. This gives them a tremendous amount of leverage when selecting a partner for Thacker Pass.
- So you see, LAC is not just Thacker Pass. They aspire to be a "major" Lithium producer and have been making very strategic moves. They have Thacker Pass. They have Caucharí. They have Pastos Grandes. They will likely have Sal de la Puna. The quality and quantity of Lithium they will likely be producing in a few years is amazing.
- Problems in Chile and other countries are going to lead to more good new for LAC and other producers in the USA and Argentina.
Full disclosure: I am a long term LAC holder and began accumulating in Feb 2017. LAC has changed my life. I personally scaled out a bit at $18 and will trim a bit around $50 (or whenever it overtakes too much of my portfolio.) IMO we'll see $100+ one day, and I'll still be holding. It's probably not a good stock to "get rich quick" on, although, many people do believe it will run up into the 40's over the next several weeks.
FWIW I got lucky and found Joe Lowry's "Global Lithium" podcast back in the day. It's the one podcast I listen to and it is gold. LAC's geologist has been on there, and so has the CEO.
Thanks very much for the additional comments :) all great points & yes super excited for the future that LAC has! :) 👍👍👍
I'm holding $LAC since last year, it has been a gold mine, planning on holding for at least 6 more months
Holding since 13$
$14.00 checking in
My man! Wish I had got in that early. 🚀🚀🚀🚀🚀
Wish I had bought more.
LAC has lots of potential!
I’m in 🍰
This is an amazing opportunity here. Truly once in a lifetime
Jan 11: Deutsche Bank Upgrades Lithium Americas on Tightening of Lithium Market Fundamentals
Ja. 11: Deutsche Bank Upgrades Lithium Americas to Buy From Hold, Adjusts Price Target to $34 From $31
Jan 12: Cowen Upgrades Lithium Americas to Outperform From Market Perform, Raises PT to CA$50.15 From CA$37.81
Jan 15: Zacks: Lithium Americas Corp. (LAC) Outpaces Stock Market Gains: What You Should Know
You are a bit late...
A lot of people on the thread have never heard of LAC! And I think the upcoming catalysts see this go a lot higher. Better to be later than never :)
You’re not late - the train hasn’t even left the station. Appreciate your post and solid DD.
*I too am long on Lac with 7500 shares and still adding
I totally agree that lithium is the white gold with more countries having targets of going %100 electric vehicles in near future, lots of batteries, charging stations, accessories and soon paying for charging (not going to charge for free for ever ) these are all good long-term investment ideas
EV car manufacturers like of course Tesla ,ford, GM , Rivian , Lucid, Nio etc.. all going to need batteries for their EV plus cell phones and pretty much every Gadget and Gizmos uses rechargeable battery
These stocks and companies are in the business off lithium and batteries leading and just starting big and small
And don't worry if they are Canadian!!! Most of USA bought and owned by Chinese investors states owned or private , Canadians should be your least worry they are Americans best Bud up north just without guns and free healthcare 😲
Lithium stocks worth monitoring and DD
LTHM,ALB, PLL, LAC, SQM, ENR, QS, LI.V
Uhh... It's a Canadian company
Thacker Pass would be mines by Lithium Nevada, an American subsidiary of Lithium Americas.
An insanely large portion of the worlds mining companies are Canadian. It’s what Canada does.
Yes but Thacker’s Pass is in Nevada.
This is the correct answer. Lithium is officially now a matter of national security of the United States and they want to obtain it domestically. Bringing a mine like this online takes almost 15 years.
Yes, not sure why so many have focussed on the fact LAC is itself Canadian. They are the business with the rights to mine Thacker Pass, in Nevada, which as you say will be crucial for the USA.
The problem with Thacker's Pass is there's very little water around it and you need alot of water for lithium mining.
Fake news. They bought a nearby ranch and are going to let it go fallow. The mine will use 20% less water than the ranch currently uses, lowering the water impact on the valley.
Thank you! People who say Li mining uses too much water have clearly only done a base level of research on different processes/ have not read LAC’s process for Thacker Pass.
Have clarified American backing of lithium in the article.
Are you satisfied with the American backing now? Have clarified in article also.
You have gone quiet? Do you see what I was getting at now?
Canada is one of China’s least favourite countries. Did you miss the whole Huawei thing?? Canada is as close an ally to the USA as you can get. The origin of the business isn’t important, USA isn’t trying to profit of LAC it needs LAC to get its Lithium out of the ground in Thacker’s Pass.
You clearly said a stock backed by America
It is back by American - regulatory and policy making by the USA back it. It also will receive USA subsidies: The Government Wants Lithium
Looking past the trendy word crafting, we can see the Biden administration is behind lithium much like the Trump administration was. Looking at the December 13th, 2021 statement we see the following highlights:
1. "The Department of Energy (DOE) and Department of Transportation (DOT) will establish a Joint Office of Energy and Transportation focused on deploying EV infrastructure."
2. $5 billion in funding for a national charging network.
3. $2.5 billion in additional charger funding.
4. Target of 50% EV penetration by 2030.
5. DOT will publish standards for EV chargers.
6. "Increase domestic manufacturing of EV batteries and components and advance environmentally responsible domestic sourcing and recycling of critical minerals."
7. "$17 billion in loan authority in the Advanced Technology Vehicles Manufacturing Loan Program (ATVM) to support the domestic battery supply chain. LPO will leverage full statutory authority to finance key strategic areas of development and fill deficits in the domestic supply chain capacity. This will include the ATVM program making loans to manufacturers of advanced technology vehicle battery cells and packs for re-equipping, expanding or establishing such manufacturing facilities in the United States."
8. "Leverage $13 million in FEMP's Assisting Federal Facilities with Energy Conservation Technologies grants to unlock an estimated $260 million or more in project investments, including battery storage projects."
9. "Funded two dozen teams to expand sourcing of lithium from geothermal brines and approved a permit for the Nevada-based Thacker Pass lithium mine."
10. "Automakers are also signing contracts that leverage domestic supply, including Ford sourcing lithium from recycled content through Redwood Materials, GM sourcing lithium from geothermal brines in the Salton Sea with Controlled Thermal Resources, and Tesla sourcing lithium from a Piedmont project in North Carolina."
11. "$7 billion in funding to accelerate innovations and facilities across the battery supply chain from battery materials refining, processing and manufacturing to battery manufacturing, including components, to battery recycling and reuse. These investments will support the development of a North American battery supply chain, help expand manufacturing and recycling facilities in the United States and substantially advance the battery recycling through research, development and demonstration projects in collaboration with retailers as well as state and local governments."
Moon this mofo!
$40 eow! Let’s go 🚀🚀🚀🚀🚀
For the sake of completeness, [here](https://www.mining.com/scientists-develop-cheap-and-easy-method-to-extract-lithium-from-seawater/) is a paper about extracting lithium from salt water
If it happens you will have unlimited supply from ocean.
Is it a race to find how expensive lithium can get before technology catches up?
As responded in thread:
Desalination is impossibly expensive so that part is bogus, doing a peer reviewed study in a paper and having fully fledged industry delivering it on massive scale is a whole different ball game. None of this has been tested to a meaningful scale outside of one university experiment in one paper.
Yeah, this isn't happening anytime soon.
But for those interested... [This is an interesting project](https://investors.compassminerals.com/investors-relations/investor-news/press-release-details/2021/Compass-Minerals-Identifies-Approximately-2.4-Million-Metric-Ton-Sustainable-Lithium-Resource/default.aspx) to watch.
LAC is going to $100 this year. With Judge Du Approval in March + DFS + strategic partner + retail/institutional FOMO all in lockstep and in the coming months… mix in production at CO by year end and it’s a no brainer… this all WITHOUT considering the structurally short Lithium supply/demand issues that are here to stay and worsening by the day.
If there’s one companies stock with the right story, management team, deposit, and time in history all lining up for a massive surge, it’s this one.
Love it buddy. Completely agree.
As an LAC owner myself, the Thaker Pass approval catalyst is already priced in. It's going to take like 10+ years for that mine to start producing anything.
Also, mining lithium requires a ton of water and the mine happens to be in a place that does not have a lot of it, the fucking desert. That complicates things a bit.
That being said, Caucharí-Olaroz is expected to start producing in the 2nd half of this year, which will start to give them income which isn't even mentioned in this DD.
Starting to think that this DD is shit.
You’re out to lunch. Thacker Pass can be producing by 2024/2025. When the 10-15 year figure for bringing on a mine gets thrown around, it’s important to remember that LAC has been working on the Thacker project for a decade already.
I strongly disagree on Thacker Pass being priced in. If/when cleared, most likely in early March, there is almost definitely going to be a significant spike in the price. Many investors are waiting for this to clear as it paves the way for LAC to become a major producer.
It probably won't be long after approval until a partner is announced in TP and many speculate it will be Tesla. If it isn't Tesla, it will likely be Ford, GM or another major manufacturer.
If/when approved, production would be in 2 years. Not 10+.
The water is not a problem and there is actually more water available than they need. They will also recycle it. This is well documented. The Nevada Division of Environmental Protection (NDEP) is expected to issue their water permit in the near future. This is on their website. ;)
You're absolutely correct about Caucharí.
Indeed, this "DD" lacks a lot. It also omits LAC's recent purchase of Millennial Lithium and their continuing investments in Arena Minerals, located near Caucharí. If OP likes LAC based on his above DD he will love them when he learns more about them.
> The water is not a problem and there is actually more water available than they need. They will also recycle it. This is well documented. The Nevada Division of Environmental Protection (NDEP) is expected to issue their water permit in the near future. This is on their website.
[From what it sounds like, the land that the actual mine sits on holds 15.5 acre-feet per annum of water rights. The company owns land within the Quinn River Valley that gives them an additional 980 acre-feet per annum.](https://eplanning.blm.gov/public_projects/1503166/200352542/20030633/250036832/Thacker%20Pass_FEIS_Chapters1-6_508.pdf)
[This is where they get the 1,000 number on their feasibility study.] (https://www.lithiumamericas.com/staging/lithiumamericas.com/_resources/pdf/investors/technical-reports/thacker-pass/Technical-Report-Thacker-Pass.pdf?v=0.058) They are going to have to pipe it 7 miles to the mine. [Phase 1 will require 2,600 AFA and Phase 2 will require 5,200](https://eplanning.blm.gov/public_projects/1503166/200352542/20030633/250036832/Thacker%20Pass_FEIS_Chapters1-6_508.pdf). They do have the option to purchase 2,717 AFA of additional water rights. So, in total, with options, they have ~3,717 AFA of water rights. With options, they have enough water to supply phase 1.
7 miles is 11.27 km
This is wsb. TP approval will be a major catalyst I would disagree with you 100% that it is not priced in, the judgement hasn’t been given and therefore there is risk. We could get into the mines in SA of course, but I wanted to give wsb what I felt were the main catalysts ahead for growth. There is plenty of TA & articles on this, so it’s more about awareness and a ‘in the pub’ style debrief.
Rather than disparage, why don’t you add the extra points in your comment rather than shit on my main thesis and say nothing of substance about the areas you think I missed…. in summary I’m starting to think your comment is shit.
Best performing asset of 2022: @chamath "this is simple, this will be battery metals. Lithium, Nickel, Cobalt, Graphite"
Yeah been looking for a good Nickel play, any suggestions?
I'm sticking with my SLI
ooof, that stonk is killing me
I like LAC a lot more but I have a little SLI as well and it offers a decent risk/reward at these prices.
For those who don't know: SLI was uplisted to NYSE in July 2020 and they're hopeful that their Smackover project works out. It's a brine project, quite a bit different from Thacker Pass. If everything works out, they could be producing in a few years from now. Their Preliminary Economic Assessment estimates 20-year mine-life producing an average of 30,000 tonnes/year of battery-quality Lithium hydroxide.
A mining company with zero profits? I’m also confused why you keep screaming American lithium when it’s a Canadian company?
Lac is lithium americas company. Canada is in north america hence the term americas. Actual lithium in nevada would be american lirhium. Dont mind me. Just babbling
If you want to get very technical, the US company which is owned by Lithium Americas is "Lithium Nevada Corp"..
See comment below on American regulatory approach to Lithium.
It’s also about taking lithium back from China and it can do this through TP.
I'm a skeptic that the EPA would allow a new industry to spring up. I'm sure there is some bird or snake or STD that needs protecting in the Nevada region.
It has government permits. It’s waiting judge ruling. Judge has just made two favourable rulings for TP in LAC’s favour.
Yes. The EPA and everyone wants (and needs) Thacker Pass approved as soon as possible. Lithium Americas is doing everything right and sets the bar very high for future Lithium mines. This is about 11yrs in the making so far. IMO LAC has met or exceeded any expectations the EPA, BLM, or Nevada has in mind.
The current lawsuit is likely to be dismissed soon. It basically argues that the Bureau of Land Management fast-tracked an environmental review & didn't fully weigh the mine's impacts. This is very likely not true. IMO the people suing are just trying to delay things by hoping to find any small problem they can in a gigantic mountain of paperwork. I'm personally very confident TP will get approved. This type of thing happens all the time..
Tiehm's buckwheat. BLM offering 10 or 15k for a sighting. Not their own cash, natch.
The EPA let water companies poison whole cities. They only step in when the business is too toxic, or someone wants to build a house that obstructs some other rich guys view
If you really believed that, then you should be investing in rarer it should be investing in rare Earth metal escavation. It would be very profitable if the EPA is as weak as you say it is.
The issue with these minerals is generally its strip mining. In the states you'd probably need an existing site that had them as a byproduct from pasted mining. 10 square miles of open earth is a tough sell to any community, unless it's Alaska or something.
The only other option is American mining companies developing sites else overseas.
Its in Nevada might as well be the moon, there is nothing there and it’s north of Winniemucca, NV
That whole city runs on mining operations already.
I went into rare earth metal companies juniors many years ago. Same premise as lithium. Careful guys.
Cost me a learners fee
There are indeed a lot of projects out there which suck, or are many, many years away from producing.
Can’t cook Meth without it. 😂
I didn’t know this. Is this an untapped market?
I don’t see any Dentists or trailer park owners going hungry.. Juss Sayin’.
I’ll add diversified revenue streams to the DD 😂
TALOFF has an agreement with Tesla. I think Nickel mining is better.
See Q at 2.30 and answer: https://www.cnbc.com/video/2022/01/06/the-market-for-lithium-a-metal-miner-with-an-out-of-this-world-valuation.html
The Lithium "crisis" is real... There is exploding demand and it takes 10-15 years to bring a new project online. Tesla and many others are probably going to be desperate for Lithium. Tesla has been good about setting up offtake agreements but they still need more. A lot more. So does Ford and many others..
Nickel, Graphite, etc miners may be good investments too.. I'm personally focused on domestic suppliers... But to each their own....
One big pepe play will be to look at domestic lithium recycling plays. Let the Chinese build and manufacturer the batteries the first time round.
Look at the companies that will be putting that back into the market after with half the risk.
I'm wondering if they will end up getting bought out
Does that happen usually with mining companies?
Considering how valuable lithium is right now with the rise of evs
With LAC's acquisition of Millennial and stake in Arena I think they are more on the buying side, not no that out. I'd shop lithium miners 1 billion or so and below market cap for buy out targets. This year could be nuts with deals so anything is possible but I see LAC more as major not a bit out target.
"I’m in Australia, so I don’t have the fun of options."
You should open a trading account with IBKR. https://ndcdyn.interactivebrokers.com/Universal/Application
Not heard of them. Thanks, will check it out!
Cbulf graphite miner
While the patriotic jingoism is heart-warming, LAC is a Canadian company.
If you read the additional comments you will see 1) Lithium Neveda is an American subsidiary of Lithium America’s so technically it’s an American based company 2) the point is that the USA needs to bring back production of lithium into its own back yard. At $LAC is the business to do that.
See here: https://cnb.cx/33EGDH7
When the Republicans sweep the mid terms and possibly the presidential elections... Green energy and all EV plays in the United States are fucking dead.
If you look at the Trump administration policy, rather than just blind rhetoric against climate change, you will see they back lithium production - especially the taking it away from China part!!!!!
Trump’s decision was crisp and spot on , on this matter. Better than Brandon’s by a million miles.
Trump backed Lithium. It’s digging. Drill baby drill.
The biggest jump in Lac price was when trump signed the approval 1 day before his term ends. It was one of the best decisions. Since, the typical frivolous lawsuits and trying to stall progress in the name of conservation of the environment bull shit! Delays , delays, delays under fucking democrats!
Ok_bottle_2198 *cough* - this
Are you now conflicted?
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You in the wrong place brother. Mods.
What about NRVTF
Why not look to Australia or China, those lithium miners are miles ahead of the competition in USA
I feel like you didn’t even read the first line… Because the whole point is that the USA wants to take back production in its own backyard. I am in a number of LIT Oz ones with my self invest superannuation account.
We *have* to start producing it here. There are a variety of reasons we can't depend on China for it... Even if we could depend on China, Australia or Argentina, we still don't have enough..
Aus/China is where the lithium comes from now... and its not a viable long term solution, especially with supply chain issues right now. This is a national security issue and TP will be extremely successful
position: Long since 2015 with an average around $6.75.