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To: Sun Tzu who wrote (8096)

3/14/2024 9:47:55 AM

From: Sun Tzu

Read Replies (2) | Respond to of 10768

So you all know that I've been checking out on LAC for a while now. And all that was needed was some positive price action, which came here:

To: sixty2nds who wrote (8095) 2/29/2024 11:42:33 PM
From: Sun Tzu of 8228

...LAC got a spot in today.

So yes, 2 weeks ago LAC finally made it to the up movers' list with a 15% gain to close at 5.48. I was already gather token positions, but after that move I started to buy more substantially.

And so today I wake up to this happy surprise :)

And the reason for it is this:

Lithium Americas Shares Surge Following Energy Department's Conditional $2.26B Lithium Project Loan
Mar 14, 202408:07 EDT

LAC+20.24%
Lithium Americas

LAC shares surged nearly 18% in premarket activity Thursday after the US Department of Energy granted a conditional commitment for a $2.26 billion loan to finance the construction of processing facilities at the Thacker Pass lithium project in Nevada.

The company said the loan will have fixed interest rates from the date of each monthly advance and includes interest of approximately $290 million over three years.

The loan was granted under the Energy Department's Advanced Technology Vehicles Manufacturing loan program.

Happy investing!