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Century Lithium Corp V.LCE

Alternate Symbol(s):  CYDVF

Century Lithium Corp. is a Canada-based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in west-central Nevada, United States. The Company is engaged principally in the acquisition, exploration, and development of its mineral properties. The Company is in the pilot stage of testing on material from its lithium-bearing claystone deposit at its lithium extraction facility in Amargosa Valley, Nevada. It is focused on being a domestic producer of lithium for the electric vehicle and battery storage market. The Clayton Valley Lithium Project is located in Esmeralda County, in west-central Nevada, United States, immediately east of Albemarle’s Silver Peak mine.


TSXV:LCE - Post by User

Bullboard Posts
Post by billyoon Jul 16, 2017 1:32pm
120 Views
Post# 26474317

Glory Project

Glory ProjectI was told  a week or so ago Myers told me that if PE chooses to spend the first year money it may not be on drilling but on research on how to get the lithium economically extracted from the the other elements.Think about it, how could they spend 180,000 on drilling in the short time left before the first anniversary date and also have to make their first payment and shares for the second year.  Do the math, as I said previously, it doesn't make sense to wait to the last to get  the committment from them to continue in the JV under the existing terms.  At best you are going to see an amended to the agreement.
Bullboard Posts