 Yes! What's up? Monique Xmasovie here. Welcome to another video. In this one, we are going to talk about Tika Simba, L-A-C, Lithium America. So, this is a company that we cover here on the channel. I introduce you guys to this company a while back and ever since then, we had some development that pushed the price of the stock from our entry point of about $11 to about $28 before pulling back. So, again, this is a company that I think has massive potential, but the risk is also very high. So, I want to give you guys my game plan for the stock moving forward that can potentially make us some good money or could be a good swing trade for the next three months or so. So, that's what we're going to cover here. But before we get started, guys, if you're new to the channel, we talk about how to earn money, how to save money, how to invest and build wealth. So, if there's something that interests you, go ahead and hit that subscribe button and the notification bell so you don't miss out on new content. If you are new to the channel, I'm going to hook up the video that I did up here so you can definitely go check out in-depth about the company, what they do or what they plan on doing and why I think this is a potential good source for us to make a lot of money, but at the same time, there is a high risk. So, this is a high risk, high reward kind of a situation. If you are okay taking that risk, then definitely consider this one. So, just to give you guys some context, they are actually in the process of looking for Lithium mines in Argentina and in Nevada, so they have two facilities right now, just so you know, all these two facilities are still in progress. They haven't started production yet. So, production in Argentina, it looks like it's going to start by 2022, our second quarter of 2022 and then production in Nevada. If everything goes as expected, they get their permits and everything, then this one would show they start in 2023. So, again, definitely go check them out, read about the company and see what they are doing. So, the catalyst that I actually see for this company that might give us some, you know, a good run here in the future is the fact that the Biden administration, as you can see here, the energy sector says that you as one responsible Lithium mining. So, they're pushing, you know, this clean energy electric vehicles and we've seen companies like GM, companies like Ford, come out and make pledges, GM says they're going to stop making fossil fuel cars by 2030 and then Ford also says they're going to start their transition. And then obviously we have major companies like Tesla that are in the space of EV and other up and coming EV companies that we know here in America, like from the workhorses and Nicola and all these other companies that would kind of benefit from these baddies that they're producing from the Lithium that's mine. So, that's why I think that to keep up with the supply chain of Lithium, we are going to need a ton of Lithium. So, right now Lithium is not really mass produced in the United States. You have other companies, other countries that are leading that. So, China is like the number one producer of solar energy. So, Biden administration is trying to make the US number one in Lithium. So, again, if they're pushing it and then we see that somehow this company is going to benefit from. And right now the location that they have in Nevada, this location in Nevada currently would produce a ton of Lithium to supply or to maintain the supply. And so the US doesn't have to depend on other suppliers outside the US. We're talking about China, Australia, Zimbabwe to supply them. No, Lithium, because again, we've seen what happened with COVID-19 where your supply chain is dependent on other countries outside the US. And then we have a pandemic. What ended up happening is the US suffers prices of goods and services go up because of the supply chain. So, they're trying to make sure that we mine Lithium here in the United States. So, again, this facility right here is prime. So, I'll give you guys a little bit of background, what's already happened. So, when I first introduced this talk on the channel, again, I said I'm just looking at the supply chain. And here is my way of looking at this EV revolution. So, if you think about how the fossil fuel industry was structured, replace that with EV, it doesn't have the same supply chain, but just the products are going to be different. So, instead of mining for crude oil or drilling for crude oil, we are going to be mining Lithium. And then they will take that Lithium process that and make it into batteries. And so, once those batteries are ready, they will use them in producing electric vehicles. And when those batteries get old or the vehicles get old, we now have to take those batteries out and recycle them. I'm looking at one company that I'm going to put in the portfolio that has a Lithium mining background. I want a company that does batteries. I want a company that builds electric vehicle. And I want a company that recycles Lithium. So, that would be my full supply chain. So, from a Lithium mining perspective, I'm looking at Lithium America because of their high risk, high reward from a battery standpoint. You have quantum skip that's in the making, but they have a ton of competition. There you have Tesla. And then from an electric vehicle standpoint, obviously we have Tesla. We have Lucid models. And then from a battery recycling standpoint, we have Redwood material, which was actually started by one of the engineers from Tesla. So, he said that Redwood material, the recycling Lithium from any Lithium battery, not just EV. So, if you have any Lithium battery, you ship it to them to extract Lithium out of that and recycle it. And what they're saying is when you recycle Lithium, it's good for the environment because it means less mining, less pollution, which is what Lithium America right now is trying to fight to get through to get the approvers. So, now that I gave you the background of the supply chain, now is where is Lithium America currently in their process of on the road to production? Again, like I said, their Argentina plan is on track. Construction is currently going on. And they plan on starting production by I think second quarter of 2022, like I said earlier. Now with their Nevada facility, they've gone through their feasibility study. They've tested the area. See, it has high quality Lithium that could be used for battery manufacturing. And then last year, the Trump administration actually gave them their federal approvers. So, that was a good thing. That was a great catalyst that drove the price of the stock. The price of the stock went to as high as about twenty eight dollars. And then and so that was early January when the Trump administration actually approved that. But since then, the prices pulled down a little bit because that was that really sweet catalyst. So what I'm looking at right now is another approver that's going to be coming up here in the next couple of months at the state level. So the federal level approver is complete. And then the state level is what we're looking at right now. So the Nevada Division of Environmental Protection has two main things that they have to worry about, the Bureau of Mining Regulations and Reclamation and then the Bureau of Air Pollution. So if those two departments from the Nevada Department of Environmental Protection approve this plan, then we're golden. We're going to see massive spike in the stock. And that's why I'm saying right now that these current levels of the stock where the stock is currently trading right now. So we go back here at these levels, I'm looking like, hey, there's an opportunity here even under 13 to really load up. This would have been a good point right here to buy by the dips of the stock before that day. So again, if we can buy these dips here and hold it and then write it out to maybe that 15 to 20 dollars price point, if this thing comes true. But I want you to be smart. So this is again, it's not like this is going to happen as planned. So the reverse could be true if that if the Nevada Division of Environmental Protection denied the approver, guess what's going to happen? We're going to see a sharp pullback of the stock. So you have to be very smart about this one. So if you go in the stock, I would say put a stop loss just in case if the approver doesn't come out and the way we want you to come out and then you don't want to sit there holding this because, yeah, you're going to see going to be a falling knife if they if they refuse to approve their permit. So again, like I said, they have this coming up sometime in July or August. We should be expecting this approver. And again, if the approver goes through major, major catalysts, the other thing that actually found out doing some research for this is the fact that the approver process that the Bureau of Air Pollution actually uses, they have a second phase or second stage approver, which can actually delay even more so six months to a year. So that's something that we just have to be aware of. So so if they approve the first phase, the phase two can actually be held because for whatever reason, for political reason, for environmental reasons, for whatever reason, they can actually slow the process. But I'm super excited. I think this is a great opportunity. Again, it's high risk, high reward, in my opinion. We've already gone through phase one that was approved by the federal level at the federal level. And now we're looking at phase two that's coming up if this does go through. The one thing that gives me comfort and I think that this thing is going to go through is the fact that they have the federal level backing. They have the governor of Nevada actually backs this. They have Nevada tax breaks that they're going to they're going to get. And then again, if you put all those things together with the Biden administration pushing strong for clean energy, climate change, I think that this thing is going to go through the project is going to be approved and that's going to be a good catalyst. So again, that's my personal opinion. That's how I'm anticipating that this would go through. But I don't work for these guys. So I don't know. I'm just looking at all the information that I've actually researched, putting it together, it's pointing towards this being approved. So that is where we stand again. Just so you guys know, this is one where the risk is very high and the reward is very high. So if you get in the stock and you don't have a stop loss, I would encourage you to put a stop loss, pick your percentage. If it's if you say 10 percent, five percent, whatever you want to lose. Because like I said, this thing comes out and they say, oh, their permit was denied. You're going to see a sharp pullback and I don't want you to be in there when that pullback happened. So again, let me know in the comment section what you guys think about Lithium America. Do you own it? Did you buy Lithium America when we first introduced it here on the channel? I think back then it was trading about 11 bucks. Like I said, it seems squeezed up all the way to about 28 before pulling back to even 13 where it's actually consolidating right now. So after this consolidation, I think the next logical step is the next logical catalyst would be this permit being approved at a state level that would make you start growing. So that's my take. Let me know in the comment section what you think. If you're new to the channel, we talk about how to earn money, how to save money, how to invest and build wealth. If that's something that interests you, go ahead and hit that subscribe button and the notification bell so you don't miss out on new content. Also, guys, if you're looking to get started with investing, Weibo has their promotion where if you sign up and deposit a hundred dollars, you get some free stocks links in the description below. And as always, guys, do your due diligence. Don't be a green savage and stay motivated.