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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 Logickson Sep 18, 2018 1:03pm
77 Views
Post# 28640017

RE:RE:RE:definitely worth another read.....

RE:RE:RE:definitely worth another read.....Is water not part of infrastructure cost? From the sounds of it, the company doesn't even know if they'll do a PFS first. It's technically not a requirement. They don't have enough cash to acquire water rights right now, or complete permitting, pilot plant, etc.

Not too expensive at the moment, all in sustaining costs are $4800 per tonne. Not what I would call a low cost producer, there are spodumene projects with similar costs. Thacker Pass is $3000 after credits (with higher capex). I think lithium demand has to increase significantly more than anticipated before these higher cost projects go into development.
Bullboard Posts