RE: Li moving upDR.Wealth on CEO says it all Li uses 4x the acid, No PEA no PFS and to my knowledge far more overburden yet Li is barrelling ahead with their SP. What is it we are we missiing with CYP, maybe it has to be renamed with "LITHIUM" in it. What is it going to take to make it visible and move up.
The funds they have in the bank will not last very long and certainly isn't enough to build the Pilot plant. More dilution from a PP is not great. Look at all the current warrants and share purchases available to insiders at anywhere from .055 cents to .22 cents already out there. At todays SP they would need to issue 25 to 30 million more shares plus issue warrants to raise the required capital.That's a alot of dilution.