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Century Lithium Corp. V.LCE

Alternate Symbol(s):  CYDVF

Century Lithium is an advanced stage lithium exploration company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA. The company’s world-class resource of lithium-bearing claystone is processed at its lithium extraction facility in Amargosa Valley, Nevada. Century Lithium is working towards completion of a Feasibility Study and subsequent permitting with the goal to become a domestic producer of high-purity lithium carbonate.


TSXV:LCE - Post by User

Bullboard Posts
Comment by Luc1961on Sep 09, 2018 2:28pm
109 Views
Post# 28586755

RE:RE:RE:RE:Update from Don - Pilot Plant Next

RE:RE:RE:RE:Update from Don - Pilot Plant Next...agreed Corvette!  And your post made me think of another point I wanted to make...which could substantially reduce the CAPEX.  The $482M cost in the PEA includes a whopping $105M to build a sulfuric acid plant (plus 20% contingency) so a total of about $125M. 
Yet Global Geosciences and Lithium Americas also have $100M+ in their numbers, EACH, to build an acid production plant.   Why on earth would "we" need three bloody sulfuric acid plants within a 40 mile radius in Nevada?  Seems like wasted money doesn't it?
Hopefully the three companies will look at this to see if there's opportunity to share costs to built ONE plant serving all three projects (say $50M each for a $150M larger production plant). Then share the OPEX as well once in Production.  Or maybe one company build the plant and the other two buy the acid from that company?  
This idea may be asking too much from "competitors", but reducing acid plant costs from $125M to $50M (or to $0) would further improve the economics of CYP's project (they're alredy impressive; but let's make them "impressiver"..lol.  We'll see.
Either way I'm very excited about the PEA results and CYP's prospects for the future.
GLTA.

Bullboard Posts