RE:on-targetGolfing9to5, I'm stunned you asked, since I spelled it out in my post. But also I see "Chatyak" misinterpreted on "CEO.CA" what Bill said in "NortherMiner" article.
"Chatyak" posted on CEO.CA:, "[@chatyak] So in the nothern miner article....: "The primary focus of the pilot plant program is to show continuity in our process and to consistently produce a lithium product which will be of interest to battery manufacturers and sold directly to that market,” Willoughby said."
Here is a list: https://en.wikipedia.org/wiki/List_of_electric-vehicle-battery_manufacturers
Thoughts?
[@chatyak] Offtake to panasonic, LG , SK, .... or "that market" meaning EV
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Bill wasn't talking about an
offtake. All Bill was saying there was
only the lithium product from the pilot plant will be sold to battery manufacturers to add to cyp's Proof of concept from the pilot plant. This is even a suggestion I've made to CYP about a year ago. Because then CYP has another party (battery manufacturer), validating Bill's flowsheet, thus making it easier to get a JV or buyout.
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Golfing9to5, Now about your question to me, "What was the YouTube video for?"
Simply this. You may have noticed people from Stockhouse & CEO.CA commenting about CYP's low share price & market Cap and what Don Mosher every time he does an audio cyp update he says CYP will
not be the ones taking this project to production, it will be a larger company.
People's comments are that Don may be bringing negativity to CYP by saying that.
I happened to find a video (I'm not invested in Co. in video) addressing this topic by the CruxInvester.com who interviewed Bill.
In the 1st 18 sec. of video, (Did you even watch the 1st 30 sec. ?) Crux happened to be addressing the same topic some CYP shareholders talked about for months. Why is CYP's share price so low? We here this every day. BTW, higher share price = higher market cap.
https://www.dummies.com/personal-finance/investing/how-market-capitalization-affects-stock-value/ Crux told the guy he was interviewing, that his company had a large deposit (so does CYP). He then said his company has a low Market cap for such a large deposit (just like CYP). Crux went on to say, ... "That says to me the
market is unsure you can get into production." The Crux inter viewer then says, "Well can you?"
Don Mosher even says , "CYP will not take it into production, a larger company will do that"
That doesn't worry me. I've been with CYP for 3 years and I have 1,330,200 shares in CYP.
But what Don has been saying can worry some new investors who don't read or ask questions & not stay long.
IMO, in the end, CYP will be sold for no less than $4.00 a share.
And I have good reasons for thinking this , too.
I'm saying if Crux Investor is thinking this, then maybe some new investors looking at CYP for the 1st time may be thinkig the same thing about CYP. Some new investors don't read things like our presintation. Which BTW, is not there for new investors to see. They may not know that IMO, a great event may happen & that is what CYP is waiting for to update our presentation.
https://www.youtube.com/watch?v=DKf0EQdKKAo That's, why I posted that video. Only that 20 sec. being said by Crux Investor in the beginning was the only part I was posting the video for. All the rest of video has nothing to do with the point I was making about CYP.
Got any more questions, just ask, and that goes for any investor, new or just looking at CYP for the 1st time.
BTW, CYP is my largest investment at this time.