RE:Beaker 2I gotta agree with Billyo. Proven resources matter, inferred resources don't carry anywhere near that weight. That's part of the reason CYP isn't moving.
Another reason that CYP isn't moving is that CYP doesn't have water rights - that's an issue. I know that some on this board don't agree that CYP needs water, but the BIG investors aren't looking any further until that issue is dealt with clearly, definitively and publicly. One way or another, you're going to need some water for processing. This isn't going away and the price is not going to start moving until CYP provides a workable solution.
I e-mailed one of the pro-CYP 'writers' (I will not use his name) and his view is that ideally CYP can strike a deal w ALB, perhaps give a portion of the company to ALB in exchange for water rights and maybe get access to ALB's processing space and facilities (even though the processing will likely be very different).
There's still a lot of questions that CYP has to address before we get big investor attention and serious price traction. The sooner CYP does this, the better. Let's not fool ourselves - we're not going to 10x or 20x multiples any time soon if the issue of Proven Resources and Water is not clealry addressed and solved. We should be agressively talking to ALB. I am long CYP.