RE:fulogas, could you maybe compare Cypress Development to....GUN$$......Took a look at Bacanora... I see they have about 133 milion shares out compared to Cypress's 80 million..shares Looking at their price graph I see that back late 2014 ; ther stock price start was about 85 GBP/...; looks to me it droped to the 36.5 GBP around early 2015 and then recovered at ran fro the next while from 60 to 100 GBP.
Late last fall it climbed and in January 5 th it peaked out at 137 GBP and now back to yesteday at 67.5 GBP... Looking at the chart, ( bacanora price graph ) I see that late last year there probably was some news that made it peak and now consolidating while waiting for some more good I wonder just how strong their treasury for the next step in building and completing Phase ! of the Senora operation.
The other two projects (One in Germany) are still in exploration mode I think. Seems like they have a ten percent partner Hanwc Co. from Japan and wonder if them buying in at 82.5 GBP might have caused that spike.&.. Looking at their feasability report and proposed operation it appears the they will have to roast their material so heat is required and a fair bit of cost there..&; I also notice they mention Shovels and Haul trucks and not rubber tired loaders or motor scrapers that Cypress could use. This heating ( Roasting ) and usind a shovel tells me that the material is a bit harder to workand their cut off point - grade is higher then Cypress.
Bacanora Lithium, is ready and needing a funding round. CEO, Peter Secker, says will be a one time requirement in order to take the company through to production in early 2020. Peter talks of China aggressively acquiring lithium assets in Australia and South Africa, and how battery and cathode manufacturers,
They have a partner that has a take-off of their product
Their first phase will actually put out much the same as Cypress but their 100 percent recovery would give me a bit of concern. 90 percent would make me happy.
Although they are ahead of Cypress in their development and have had a pilot plant running for the last 18 months .and producing saleable material for overseas buyers, I wonder if they can raise the money with out diluting the present amount of shares.
,,
Considering what I see, I like that they have plans to take profit from Stage 1 to fund the second Stage.
Hope this may assist you in your thought process.