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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

Post by johnu48on Feb 02, 2021 4:19pm
321 Views
Post# 32449795

RE: PILOT PLANT

RE: PILOT PLANTThe June 3 pfs states the plan to get the pilot plant  started would be the next 6 months, That would take it to December 3 2020 .It is now February 2, 2021 two months after the projected date in the PFS  and not a sniff as when it will financed or purchased.  What could possibly be the hold up. We were told that the continued test would not effect the Pilot Plant .  The share price could support a small pp to raise the funds yet nothing there either.  So I ask, what could possibly be the impediment in announcing the Pilot Plant. Promised date missed is in keeping  with mgmt consistently missing promised target dates in the past.  Longest NDA's I have ever witnessed (we have been told about least  the last year and a half)   I personally am having trouble believing that any NDA's are currently active.  Mgmt fiddles while most other lithium plays in the neighbourhood are acppreciating in value and their SP.  Something doesn't seem right with CYP.
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