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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

Comment by beaker2on Feb 02, 2021 12:46am
234 Views
Post# 32444391

RE:RE:Cypress and the anchoring affect

RE:RE:Cypress and the anchoring affect

Definition:

Anchoring bias is a bias that relies on the first piece of information received when making decisions, called “the anchor.” Once an anchor is set, new information is based around the anchor. The first number you see changes your perception of any numbers that come after it.

Cypress needs to be the one to start the negotiations whether based on numbers or just anything that they discuss as a starting point as to where they think things should be.  In other words Cypress needs to drop the anchor first.  They could have discussions on where they want to do a financing and I know that has something to do with price of where the share price is, (without manipulating the stock).  Buyout price.  Partnership deals etc.

 

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