Q: do you like this company and or the sector?
5i Research Answer:
The lithium sector has seen a big reversal, but generally we like it. The supply/demand scenario is still favourable. The EV craze has died down, with manufacturers reporting weaker production, but this is 'probably' temporary. Of companies in the sector we would certainly see LAC as one of the better ones. It needs to be considered risky, with losses and negative cash flow, but we do like the assets it owns and its potential. Its Thacker Pass project is the only permitted project in the US with a clear path to production.