CYP and PEBoth companies benefit from the efforts of the other.
PE could/will benefit by increasing its brine lithium tonnage from the Glory property as well as the claystones as these grades are higher.
CYP also benefits from PE because the news awareness and coverage is greater. Though both need more effort in that direction. (And possibly longer term, the contract w/Tesla, possible extraction, now battling for water rights, and additional good geo personnel.)
Just for clarity, a couple of pieces of stray info:
CYP should know soon whether the BLM feels they have returned the property 60% or 100% to the way it was.
It would possibly take maybe another 3 holes or so to have sufficient range to qualify for an estimated resource calculation in a 3-acre area, not counting Hole 9.
Mr. Willoughby is being paid in stock options rather than cash
I also agree that this is one time in history when speed is crucial. One can have another gold mine or another oil field, but lithium quality, method and speed of extraction, cost of extraction, geographic location, etc., etc., and varying designs of the battery are all competitive areas; and it is definitely a race. The bigger, the smarter players will move faster.
PE needs to indicate their plans re: Glory. Do they want to drill for brine, or what?
Would also like to see a few more holes drilled sooner rather than later to be used to indicate an estimate initial resource calc.