2024-02-07 00:11:18 ET
Summary
- Even though Lithium Americas may be out of favor, we reiterate some of the favorable long-term narratives that still hold good.
- As per its latest update provided this month, LAC is expected to get conditional approval of its DOE loan in early 2024.
- The stock continues to suffer from bearish conditions, but as a potential rotational option within the strategic metal universe, it offers some promise.
- Unfavorable sentiment towards lithium themes could cap any meaningful upside.
Long-Term Investment Case
Lithium Americas Corp. ( LAC ) is a small-cap stock that offers exposure to a development-stage lithium project- the Thacker Pass (wholly owned by LAC) located in McDermitt Caldera, Nevada. Passive observers of LAC may wonder what's so great about this?...
Read the full article on Seeking Alpha
For further details see:
Lithium Americas: A Mixed Take