Q: Trading well below its price when the U.S. government announced it was taking a stake in the company. Do you think it may be a good time to step in as a long term investor? Or are there lithium plays you think look better?
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5i Research Answer:
LAC is relatively small ($2B market cap) but for the sector we think is getting quite interesting after its recent decline. Trump has backed off a bit on the 'minimum price' plans for critical minerals, but the long term potential remains solid here.