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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
Comment by WeekendChefon Jul 23, 2018 1:10pm
147 Views
Post# 28353800

RE:RE:Looking at the Value of Cypress

RE:RE:Looking at the Value of Cypress Thank you fulogas1. Good work clarifying value. I just made a 2.5X at Arizona Mining(Zinc) and have been drawing parallels between the history of AZ and CYP. Had I bought AZ in late 2015 or even early 2016, my 2.5X would have been 20X. The share price started to ramp in Q2 2016 when the big financings(starting with $15MM) started to come in after metallurgical studies indicated high recovery rates. The share price continued to ramp with a strong stream of drill results proving up the size of the discovery and further financings at ever increasing valuations culminating in a CDN$110MM financing from South32 who would later become their acquirer. The team behind AZ had many prior successes. To my mind CYP is late 2015(by comparison) and we are now waiting for our own data regarding recovery rates, PEA and FS. Can this team find the strong financial partners that will be required? The data needs to come first but I do believe a strong PEA and FS will demonstrate a quick payback and provide sufficient basis for the financial support.  
Bullboard Posts