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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 Sep 11, 2018 12:41pm
155 Views
Post# 28598054

Pilot Plant

Pilot PlantIt is impossible to build a pilot plant and do the PFS with what they have in the bank.  However thinks they can is not knowledgeable as to the costs of the plant alone.  If they could do both for 600,000 that would leave them with no cash whatsoever.  Not a good position to be in.  I would venture to say with what they have in the bank does not allow them to do much without having to go to the market for another PP.  If that was to be in the cards watch this SP plummet before the PP price is set.  I could see .25 being a real possibllity.  Remember we are the small fish in the scheme of things.  The big players get the price they want not the price CYP expects.  History proves me correct if you look what it has to tell you.
Bullboard Posts