Re: At 8:40 Pacific Time things look "Rosy" for LAC
in response to
by
posted on
May 19, 2022 01:50PM
Nothing is brewing yet guys. LAC is running today because SQM crushed their Q1 earnings last night and said they averaged $38k per ton in the quarter. Apply that to C-O phase I and LAC is looking at revenue of ~$745M and EBIDTA of ~$650M. Apply simple market multiples to these numbers and LAC's market cap should be at least 2X what it is today and that only assumes C-O phase I. GO LAC!!