This is going up!! This is going to be worth a lot of money soon! Should sit at above 3 dollars AT LEAST!
- Huge resource: 5.3 Mt LCE
- Economic extraction - Lowest quartile opex
- Achieved Tier-one battery quality lithium hydroxide Verified by independent parties
- In Nevada: One of the best mining jurisdictions in the world
- Competent management: Bill Willoughby, CEO & phd in metallurgy
- Basically zero strip rate = cheap on-surface mining of the soft clay material
- Neighbor with Albemarle's only north american operating lithium brine - basically brownfields development which means permitting will be no issue
In a market where battery-grade lithium will be a bottleneck commodity, this will be worth A LOT of money! A 12000 lithium price would mean CYP have $63,3 billion USD worth of material in-situ!
Today's market cap of 45M Cad is a joke compared to the value of what they're sitting on!
Not investment advice, dyodd. Good luck to all!