$Invesco QQQ(QQQ)$ I still really like Lithium Americas ($Lithium Americas Corp.(LAC)$ ), even with the stock down 92% from all time highs.

The main reason is Thacker Pass. The project is already deep into construction, with mechanical completion targeted for late 2027 and planned production of 40,000 tonnes of battery grade lithium carbonate annually.

It also has a major DOE backed financing package and GM offtake support, which gives the story a lot more substance than a typical early stage lithium play.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Top
  • Latest
  • Ah_Meng
    ·08-19 11:22
    [ShakeHands] same here... have been accumulating during this down period, on top of auto-invest
    Reply
    Report