LTM 4.52% $7.17 arcadium lithium plc

I don't get LAC, they need $3B USD to build I think just their...

  1. 209 Posts.
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    I don't get LAC, they need $3B USD to build I think just their stage 1 which is 40k LCE and 3 years away. There are bound to be cost over runs as well. The only reason this project is happening is cause the US Gov is lending them $2B.

    LTM is $4B USD market cap, we are producing more than 40k LCE in brines today with us moving at 80k LCE in a couple of years. You get Canada for free and you don't carry the construction risk. We are way under valued based on that comparison.
 
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