RE:RE:Fully Diluted Shares: 79,097,093 ...yes very true indeed. And in fact, depending on how CYP eventually moves this project forward, it is possible that they will fund for the construction of the processing plant by issuing more shares, which would evidently further dilute things. I hope to God that Management is going to be smart and try to use as much debt as possible, and not touch the share count too much.
But let's play devil's advocate and assume that they will issue 158,000,000 more shares (I'm using this number because it's twice the 79 M we currently have fully diluted). This would effectively triple the amount of shares, and therefore reduce the Market Cap (and share price) by a factor of 3. Therefore the $6 calculatd by Beaker would become $2. That would be a bit of a bummer...but is there anyone here that would be really unhappy with buying shares at the current 20 cents and selling them at $2 in the future? I personally have nothing against a 10-bagger..!
As I said, I hope that financing of the eventual plant will be done mostly with a debt arrangement...or at least a decent combination of debt and shares. CYP can repay the debt with all this profit they'll make from their high-concentration LI deposit...lol.
Of course all this is premised on CYP having an economically viable deposit (but it sure looks darn good based on the drill results to date...and we won''t need to wait too long to find out for sure). Very exciting times!
GLTA