RE:New to this board....Not sure if this is a joke? But for the benefit... and of others...
CYP is still 5-6x undervalued to lithium peers but is better in nearly every category - and that is BEFORE any upcoming news
Then regarding info we are waiting on:
financing
pilot plant news
jv/buyout news
rare earth elements
improved extraction
possible larger resource (not that it's needed current one would last decades)
lower opex
lower capex
The project itself is located higher than ALB's silver peak - with a theory that the soft clay here which required the least amount of acid compared to any peers.... is feeding their brine.... and may now be possible by using "table salt"
News on hydrochloric acid is possible....
The man in charge previously ran a mine at TECK
PFS numbers used the lowest in the industry and still came out on top
Still early days.
Some comparisons as of Jan 14: https://epsteinresearch.com/wp-content/uploads/2021/01/Screen-Shot-2021-01-14-at-4.58.12-PM-1024x554.png
CYP's material requires the least amount of acid as it stands now before further news (relative to other peers)... and the kicker is we may not even require it all . If CYP was to not require a sulphur plant and what have you - the savings could be greater than the current market cap.
Essentially CYP has a resource size nearly like LAC's, minus the expensive costs of roasting and processing, due the style of clay.
What is needed is NEWS on pilot plant, JV/buyout, etc
But this could be sitting at $10+ on a EV/NPV basis just like other peers - once the market catches on.
Cancundude wrote: .....So hello CYP gang! I am a seasoned trader and am rotating into the micro cap space and it seems to me micro caps which are part of the green movement is the place to be. Can any one suggest some reading, other posts etc that can give me good rundown on why this play could have some potential near term upside. I have done a little research but not much from what I can find. I do like the fact SPMT is drilling in the direction of CYP's property line and results are getting better the closer they get. Any help would be appreciated. I did jump in a little at 1.65 just wondering if I should increase my position. Thanks in advance.
CCD