Century Lithium Corp. V.LCE

Lithium Americas: GM Sees Thacker Pass As The Key

[davgro]

This is an article from Seeking Alpha about Lithium Americas deal with General Motors today.  Definitely worth the read as there are valuable insights igf you are investion in the Lithium sector.

The author mentions Century Lithium in the article:

Century Lithium (OTCQX:CYDVF) (LCE:CA) - The recently renamed Century Lithium, (formerly Cypress Development) is a lithium clay play in Nevada. While Lithium Americas is using sulfuric acid, Century Lithium has gone down the arguably superior road of Hydrochloric acid and achieved enhanced battery grade results of 99.94% which exceeds the battery grade specification of 99.5% purity. It is curious to note that in Clayton Valley only three companies hold meaningful water rights - Albemarle (ALB), Scorpio Gold, and surprise, Century Lithium.

 

Per public comments, investors have been told that Century Lithium is pursuing U.S. government loans. They will, however, also require private funding. Frankly, it is only a matter of time before this happens and with the definitive feasibility study (DFS) due to arrive in Q2 (or Q3 if Mr. Murphy has a say) we can assume that funding via private sources will arrive somewhere before or after those time frames.

https://12ft.io/proxy?q=https%3A%2F%2Fseekingalpha.com%2Farticle%2F4573866-lithium-americas-the-crux-of-thacker-pass