Lithium Americas: EV Battery Play
Under terms, Arena’s shareholders will receive 0.0226 of a Lithium Americas common share for each Arena Share held, which translates to Lithium Americas paying C$0.67 for every Arena share.
- Lithium Americas is quickly moving from a lithium story stock to a production story.
- The lithium miner has multiple projects in the works in both the U.S. and Argentina while lithium faces possibly supply shortages due to massive EV demand.
- The stock appears cheap based on the current valuation and the potential profits produced from LCE sold at prices far above original expectations.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »