RE:RE:LSX bought out after PEA release I agree,WeeStu7. "A clay project never made it to production". This fact IMO,is what makes BIG investors nervous. I also agree that the (PFS) won't lift SH price. The info will give more confidence, but not enough to make BIG money reach out their arm with BIG money for fear their hand with money in it may get choped off if our project does not work to the market"s satisfaction. In laymans terms, if cyp failed to prove it can make enough money.
IMO, it works like this. Company A.) wants big money to invest in their airline biz. You told them a LOT of facts that sound GREAT, But no airplane ever got off the ground.
Would you invest millions of dollars in biz that no airplane ever got off the ground?
Would you invest millions in CYP before you saw a pilot plant working that proved that it can be done and make lots of money??
I believe,once a pilot plant is working and people are invited to see it working, that only then will we get offers for (JV) (buyout) etc.