"All we have to look at to confirm our aspirations is the steady increase in EV sales across the the world,.... it still looks to me that 2023 will be a great year for lithium holders."
>> You are so right !
Here comes the hint with the fence post, me thinks.
Fellow punters here, what does this mean to our AGY ?"Strategic Developments
The Company continued advancement with several global groups on strategic investment
propositions being presented for the next stage 10,000tpa capex funding solution and
associated 2,000tpa and 10,000tpa off-take arrangements. The Company is aiming for the
strategic funding and off-take arrangements to be finalised to coincide with the 10,000tpa
Environmental Impact Assessment regulatory approval (or near this time), and in the lead
up to 2,000tpa lithium carbonate production operations."
Perhaps we're closer to that goal than some non-believers will ever know as they munch on today's release from LAC !!
VANCOUVER, British Columbia, Jan. 31, 2023 (GLOBE NEWSWIRE)
-- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) today announced that it has entered into a purchase agreement (“Purchase Agreement”) with General Motors Co. (NYSE: GM) (“GM”) pursuant to which GM will make a $650 million equity investment in Lithium Americas (the “Transaction”). In connection with the Transaction, the Company has provided an update on the construction plan for the Thacker Pass lithium project in Humboldt County, Nevada (“Thacker Pass” or the “Project”), including the release of an independent National Instrument 43-101 (“NI 43-101”) feasibility study (“Feasibility Study”).
https://finance.yahoo.com/news/lithium-americas-provides-general-motors-133000756.htmlTRANSACTION HIGHLIGHTS:
The largest-ever investment by an automaker to produce battery raw materials, with GM to become Lithium Americas’ largest shareholder.
Lithium Americas to receive $650 million equity investment from GM consisting of:
$320 million first tranche investment for common shares representing 9.999% of Lithium Americas before separation; and
$330 million second tranche investment, contemplated to be invested in the Company’s U.S. business following the separation of its U.S. and Argentine businesses (the “Separation”).
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"All we have to look at to confirm our aspirations is the steady...
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Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.42M |
Open | High | Low | Value | Volume |
4.2¢ | 4.3¢ | 4.2¢ | $43.41K | 1.033M |
Buyers (Bids)
No. | Vol. | Price($) |
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9 | 1569276 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.2¢ | 103737 | 2 |
View Market Depth
No. | Vol. | Price($) |
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9 | 1569276 | 0.041 |
20 | 2518977 | 0.040 |
11 | 2999266 | 0.039 |
15 | 704030 | 0.038 |
6 | 931081 | 0.037 |
Price($) | Vol. | No. |
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0.042 | 100000 | 1 |
0.043 | 1089022 | 4 |
0.044 | 520342 | 4 |
0.045 | 215909 | 5 |
0.046 | 200000 | 1 |
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