RE:WonderingAmerican Lithium is running promotions in Germany. Lots of spending going on there.... millions to be exact.
They are 2x CYP market cap now. I don't think most people realize their resource size is using 50% acid and a super low cutoff grade... but it is what it is.
We have no promotion - so news about financing or a partner or a buyout is what we need to hear. The value of this project is well worth north of 1.5B USD now due to rising Lithium prices - before further cost reductions or optimizing..... and it's only about 1/3rd of the property ... so really.... it's more like $4B+
So hopefully one of these dreamer companies with their EV predictions realizes that the planet needs about 60x CYpress's to fullfill these quotas - and pays up a proper price tag for CYP of $1.5B USD+ and be done with it.
jamstk wrote: Not many lithium stocks down today and American Lithium up .50. Wondering why we aren't creeping up as well, with price of lithium rising and all the excitement in the valley.