Jul. 14 at 10:24 AM
$LAC New article on AI investments that isn't crap. A lot of these articles are garbage pieces written by bots that just regurgitate info like the PE ratio (which is a useless metric for a pre-revenue mining company). This has a lot of subjective commentary, including the significance of GM's involvement as more than just a financial bet with long-term pricing agreements providing a de-risking factor. He gets the ownership interest correct (LAC 62%, GM 38%) and suggests buying dips below
$5.50/share with a 2027 target valuation of
$10-
$12/share. He also points out this is an ideal long-term hold with expansion potential to create multi-decade earnings growth. https://www.ainvest.com/news/thacker-pass-lithium-bedrock-ev-dominance-lithium-independence-2507/
