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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 Apr 26, 2019 5:12pm
89 Views
Post# 29677163

RE:RE:RE:RE:RE:RE:Estimate price of ev. buyout

RE:RE:RE:RE:RE:RE:Estimate price of ev. buyoutI understand the defined project value approach however I think it's a mistake to simply value the project using the limited project numbers. Think of the total asset value. With 9MM tonnes of lithium carbonate, an 80% recovery and using US$11,000/tonne LCE, the total asset value is $79B. Do you think CYP management will allow someone to else use debt to cover capex and put up only $100-200MM to buy out the shareholders?  I think it is more likely that value will be placed on a per tonne basis. Because CYP is US based and because of the consistency of production that this property can produce, it will bring a premium price as compared to the $75-$100/tonne appraisals elsewhere. I don't think it is ridiculous to expect a $150/tonne price where other projects have inconsistent production schedules due to their project limitations. $150/tonne X 9MM(80% recover) tonnes =  $1B. less capex = $600MM / 99MM FD shares = $6/share. 
Bullboard Posts