I fail to see how TP benefits directly from the DPA. But obviously from the spike in SP others feel differently. I don’t understand where in the ATVMLP it is stated that the spin-off is a requirement. This is above my pay grade. I’m sure it’s necessary but maybe contributors here can shed some light on these two subjects. TYIA

I do believe POTUS has and will pressure Judge Du’s decision. Not to say her conclusions aren’t already in line but I’m even more confident we will get the construction green light by Q4. Possibly earlier if the feds want the case to be settled. Giving money to the Indians is nothing new and a win-win for this administration. We all know this is all the Indians are after. There’s only $750 million in the DPA Title III fund but there’s likely many other programs to fund the Indian’s extortion.

I think dealing with the federal government is always burdensome and time consuming as I’ve expressed recently with the potential USDE’s ATVMLP (funding program). IF I understand this DPA correctly, Biden will need to appoint a national policy coordinator. Has this been done? This person is likely going to be walking a fine line. If they truly want to speed up the 10 plus year process of bringing a mine through to production, then there will need to be concessions made from the far left agenda.

Does anyone know the time line for C-O to this point? Was it under 7 years? I want to bring this up in my response to our new contributor, HC Andersen. He isn’t so Anonymous now is he.   

I think the Feasibility Study is well on its way for TP and this DPA will not step up any timelines. If anything I can see a delay.

What is good with these government programs is that I don’t see further diluting now that we are creeping up to $41.56/share (US). We took quite a hit last time.  Maybe this will happen with a future partner announcement which may be beneficial to our SP if done right.  This is why Jon Evans is so important and will need to be factored in to this likely spin-off.

I think Ford and GM have influenced/educated the Biden administration to take this action (DPA) given how far behind they are. This just enhances my take on all of the US planned battery factories that likely run shy of components (especially mineral/metals from homeland and friendly countries) to meet their lofty production goals.

But where I can see something interesting is if LAC finds another asset to buy within the US and somehow ties this to the spin-off. Not that the timing really matters but I can dream up a few scenarios. They may have locked up a mine purchase awaiting these federal programs applications to shed light on what funding may be possible. We've talked about this here before as we know the "team" has been searching. This is where DPA and ATVMLP can come into play. Assuming they increase the $750 million currently available on the DPA and they increase the ATVMLP fund. I think that has $8-9 Billion left. That will be sucked dry by Ford and GM in short order. Hopefully LAC gets their Billion first.

Buying another asset (mine) would be just another reason for the SP to jump. There are 5-6 different SP events just this year alone.

This is another reason why selling calls are not advisable in this environment.

Selling puts is much easier; you’ll make money but likely miss the potential upside. I have my last puts clearing soon and will not be selling LAC puts or calls for the rest of this year. I have used these tools to accomplish my holdings with great success.  

Pavel – I’m trying to understand your response to Cal. I’m unclear on your second paragraph. The strike and expiration might be the missing link in order for me to connect the dots.