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Message: Re: Lac and China (Gangfen)

Sep 22, 2022 11:50AM
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Sep 22, 2022 02:03PM

rkeeb:  "There is value to Minera Exar S.A. to not be associated with Thacker Pass and the potential for dilution brought about by future funding, and there is value to investors in Lithium Nevada (and all NA projects) to not be associated with the PERCEPTION of the benefit and control of Ganfeng."

Agree!  In the market, PERCEPTION is everything and whether or not the situation described is valid or invalid doesn't have near the effect on the market as does the PERCEPTION of fact or the PERCEPTION of fiction.

Thanks, rkeeb.  It is this PERCEPTION thing that is not going to go away after the "perceived" positive ruling by Judge Du.  The opposition to Thacker Pass Project will pull out every trick available to them legally and, for some members of the oppostion, the line between legal and illegal will be no more than a gossamer fabrication providing nothing in the way of substantial resistance to its ease of penetration.  

In this time of high expectation regarding a "sometime SOON" positive rendering of the legal case before Judge Miranda Du, I believe that our expections, our "PERCEPTION" of complete victory regarding a positive future for Thacker Pass have not fully taken into consideration the capabilities of the opposition.  Another factor is that I wonder if Judge Du is 100% constrained by an artificial deadline of the end of the 3d Quarter for release of her decision. "Delay ad infinitum" is an important conceptual reality to the world of the judiciary as is "PERCEPTION" to the world of buying and selling of Common Stock in mining companies. After all, what mining company has not used "Delay" in addressing it's own Timeline projections, eh?  LAC being perfectly comfortable with that tactic.

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