Capital Expenditure And Operational RisksConcerns remain about potential capital expenditure inflation and processing/operational expense risks, similar to other large-scale mining projects.
Equity Stake DilutionLithium Americas Corp's joint venture stake will lower from 62% to 59% due to DOE receiving a 5% equity stake via low-cost warrants.
Net Asset Value ImpactThe Department of Energy is receiving essentially free stakes in Thacker Pass and Lithium Americas Corp in return for loan repayment deferrals, which lowers the NAV to approximately US$3.40 per share.