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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 WeekendChefon Oct 12, 2019 7:19pm
305 Views
Post# 30225964

Expectations & Where We Are

Expectations & Where We AreI've reset of some of my thinking about CYP and what I expect of timing of share price movement. I've gone back and reread all the articles written about CYP.  I've looked at competitor's market caps, when they received share price value, the build up of battery factories and the future demand of lithium.  There seems to be a lot of expectations of share price escalation on the back of the PFS being published. I may have thought that as well. I seriously doubt the PFS alone will move the share price. I think it'll take a commercial deal of some form (JV, offtake). The combination of the PFS and a deal should then be enough to get the funds buying the stock and elevating it to the mkt cap of its peers. Realistically, any company doing a commercial deal with CYP will need the PFS as proof before they go back to their own boards for approval. They will most likely also require pilot plant proof.  I do expect an buyout is entirely possible but don't see it happening until after a pilot plant proves out the process. Companies might be looking at them right now, but realistically I don't believe that any management team could recommend to their board that they should buy CYP until that proof is done. If I were to guess, I'd say we're taken out late 2020. 
Bullboard Posts