Oct. 3 at 10:50 PM
$LAC This is playing out very similar to how
$MP skyrocketed after government took stake.
Note that MP didn’t soar all at once. Instead it went through staggered bounce, pause/dip, then repeat the bounce.
Given that
$LAC got
$2.2B in guaranteed financing vs.
$400M for
$MP, LAC could rally further.
Also look at
$USAR taking off on the news that they’ll be talking in White House.
$GM own 38% of Thacker project with exclusive rights to first phase production from LAC but they are expected to produce sufficient Lithium for 800,000 EV cars annually, an GM is no where near that number. So I’m sure at some point,
$TSLA will contract with LAC.
Bright futures for LAC, MP, and USAR.