If the board is able to secure a funding for the remaining...

If the board is able to secure a funding for the remaining capex, I'm more than happy to see construction to complete. Glencore funding offer is still not concluded, likely failed? To start construction without finalising the funding, that's the big mistake causing share price to crash, imo.



It's not sure what results Galan will achieve from the recent China visit. I hope they had a talk with Ganfeng as they are investing heavily in Argentina, also holds around ~3.3% in GLN via Havelock.

Three months ago, Ganfeng agreed to acquire 15% of Pastos Grandes (former Millennial, LAC, now Lithium Argentina) for US$70m. The acquisition price is almost same as LAC paid in 2022.
Ganfeng is quite generous and reasonable as to acquire lithium projects. If Ganfeng could buy a stake in Candelas or even HMW, likely US$70m for 15% of HMW, then the scenario would change dramatically.
Not capital raising at 23c, or using ATM facility, both of them, just killed the share price, imo.

Lithium Argentina Announces Ganfeng Lithium Agrees to Acquire Interest in Pastos Grandes for $70M

03/05/2024
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March 5, 2024 – Vancouver, Canada: Lithium Americas (Argentina) Corp. (TSX/NYSE: LAAC) (“Lithium Argentina” or the “Company” is pleased to announce it and certain of its subsidiaries have executed a definitive agreement (the “Transaction” with a subsidiary of Ganfeng Lithium Co. Ltd. (“Ganfeng Lithium”,) whereby Ganfeng Lithium agrees to acquire $70 million in newly issued shares of Proyecto Pastos Grandes S.A. (“PGCo”, the Company’s indirect wholly-owned Argentinian subsidiary holding the Pastos Grandes project (“Pastos Grandes” or “Project” in Salta, Argentina, which is expected to represent an approximate 15% interest in PGCo and the Project.