Lithium Americas – The Great Prize: NYSE In sim
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Posted On: 11/29/2017 7:47:11 AM
Lithium Americas – The Great Prize: NYSE
In similar manner to Born to Run
…straight into the Big Leagues. It announced recently that it sees the benefit of tapping into the much, much larger United States of America investor base through a more sensible stock price and total shares outstanding that is more typical of The New York Stock Exchange, still the World’s Most Prestigious Stock Exchange Brand.
Goodbye: LACDF OTCQX
Hello: LAC NYSE
Mainstream. This makes a difference. More liquidity, less volatility, higher multiples
LAC’s NYSE listing is timely as construction at Cauchari is well underway and LAC’s Lithium Nevada, USA project is expected to come into greater focus.
LAC will soon no longer be seen principally through the junior miner TSX/ASX penny stock lens and lined up mainly against NMX and ORE. Instead, SQM followers will realize through LAC they get pure-play exposure to SQM’s fastest growing, highest margin, longest lived cash flows. Likewise, those who prefer ALB over SQM due to confused Chilean politics, but are learning to love Argentina. And FMC holders already knowledgeable about Hombre Muerto.
Reminder: BTG Pactuel’s Cesar Perez, the analyst with longest history and most gravitas on SQM, values LAC and SQM’s stakes in Minera Exar which operates the Cauchari JV at $2B each or $4B for the whole JV. That $2B is TODAY, based on his DCF model discounting back from 2024 presuming 50K tons and $12K lithium price. $2B is nearly 3 times higher than LAC’s current valuation.
In similar manner to Born to Run
…straight into the Big Leagues. It announced recently that it sees the benefit of tapping into the much, much larger United States of America investor base through a more sensible stock price and total shares outstanding that is more typical of The New York Stock Exchange, still the World’s Most Prestigious Stock Exchange Brand.
Goodbye: LACDF OTCQX
Hello: LAC NYSE
Mainstream. This makes a difference. More liquidity, less volatility, higher multiples
LAC’s NYSE listing is timely as construction at Cauchari is well underway and LAC’s Lithium Nevada, USA project is expected to come into greater focus.
LAC will soon no longer be seen principally through the junior miner TSX/ASX penny stock lens and lined up mainly against NMX and ORE. Instead, SQM followers will realize through LAC they get pure-play exposure to SQM’s fastest growing, highest margin, longest lived cash flows. Likewise, those who prefer ALB over SQM due to confused Chilean politics, but are learning to love Argentina. And FMC holders already knowledgeable about Hombre Muerto.
Reminder: BTG Pactuel’s Cesar Perez, the analyst with longest history and most gravitas on SQM, values LAC and SQM’s stakes in Minera Exar which operates the Cauchari JV at $2B each or $4B for the whole JV. That $2B is TODAY, based on his DCF model discounting back from 2024 presuming 50K tons and $12K lithium price. $2B is nearly 3 times higher than LAC’s current valuation.
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