LIT - Lithium Americas (Argentina): A Speculative Bet On A Pure-Play Lithium Stock
2024-06-11 18:35:04 ET
Summary
- Lithium Americas (Argentina) Corp. is a potential investment opportunity due to its exposure to the lithium industry and its ambitious growth plans.
- The company's Caucharí-Olaroz project in Argentina has the potential to become a low-cost supplier of lithium carbonate.
- Lithium Americas (Argentina) has a strategic partnership with Ganfeng Lithium, which could provide synergies and value-capture opportunities.
While electric vehicle ("EV") demand has been slowing and the price of Lithium itself has had a brutal downtrend since November 2022, there’s still very much a case to be made for investing in stocks that are highly exposed to it. Yes, there’s tremendous cyclicality and volatility, but that can be an opportunity when everyone considers it a risk. To that end, I think the case is actually fairly interesting for investing in Lithium Americas (Argentina) Corp. ( LAAC ), assuming they can execute on their ambitious projects by generating significant revenue growth when it's ready to do so....
Lithium Americas (Argentina): A Speculative Bet On A Pure-Play Lithium Stock