RE:RE:RE:Going forward ....Step by step Fulogas. I am reading this report, line by line and word by word. So far about 100 pages studied.
I'd make the following comments so far: Page 18 Section 1.7 Infrastructure - last para - 'Cypress has evaluated options for securing make-up water estimated at 2000 gallons per minute. A specific source and related costs are excluded from the Study. Allowances are made for constructing supply wells, pipeline and power'. What are the costs of what appears to be a huge amount of water flowing through your pipe ?
Mineral Reserve Estimate - Page 93 - Section 15.1.3 - Third Paragraph. 'As a source of Lithium, sedimentary hosted clay, claystone or ash-derived deposits are a new class of deposit. As of this report, there are no operations or deposits in the world at a large enough scale to say that the extraction of lithium for this class is commercially proven.
I accept that the above is the reason for the pilot plant but isn't the unproven nature of this and the lack of a confirmed water supply with costs the reason for the terrible level of the share price.