Q: Good morning, can you please comment on LAC? Is it a buy at current levels?
Regards
Regards
5i Research Answer:
LAC is very beaten down and the recent short report and equity issue in April were big contributing factors. We are comfortable adding to this one into any more weakness given the significant reaction. There are evident risks being a pre reveneue company that will continue to operate at a loss for a bit until its mine is operational.