RE:Cap Exdesertbarnacle... I also hope for a Cap Ex that comes in lower then the previous estimate done for the Preliminary Economic Assesment of $482,000,000 .. Hopefully some changes in processing will assist in lowering that cost.. As you have stated, we will soon know...
My thoughts are more with the spread between the cost of processing and the market price of the finished product(s).. hopefully that includes the rare earths which could help in lowering the net cost of producing the Lithium .
With the former estimate of the NPV. we might expect a bit lower value due, to the lower World Market Prices .. which I think, has reached bottom and maybe starting to actually increase because of the world demand..
I also think that with the six last holes being drilled a bit deeper, the tonnage resource estimate will also increase a bit because of the depth and perhaps assist in holding a NPV very close to the last one because of the larger open pit area.
I am more intrested , as you , in the numbers , but I am, as I stated before, real intrested in the Spread , between the net production cost and forcasted selling prices.
Please Note : The 2.7 year payback from the PEA , included both the Cost of Production and the Cap Ex.
Even after, if it now takes three years to pay the Cap Ex and Interest IMHO , and the prices remain at this or near this level.. the free cash after the third year , even if we had to increase the outstanding shares....might look like $150,000,000 per year .. So if after paying back all the borrowed Cap Ex... could that look more like a dollar per share per year ..
Following this thought process of mine and the yearly free cash flow would we then consider a new much higher share value. A dollar per share per year , over say 5 years after the Cap Ex is paid , would that not give us a new $ 5.00 per share profit/ free cash .. and then what are we really worth per share ?
In closing.. I remain strong and long, along with some other long large shareholders
" DON'T GIVE THIS CHANCE OF A LIFE TIME AWAY" by selling too friggin cheap.
"Once in a lifetime" ... and very few companies will ever have a future.. like CYPRESS has before them at this moment.
EOM