Century Lithium Corp V.LCE

RE:RE:Updated Numbers / Share Price Estimates

[yakattack]

I see Bob has started a blurb on CYP on his 321gold site....

"Cypress Development (CYP-V) announced a short form prospectus raise for $17 million at $1.25 in February. Cypress owns 100% of the Clayton Valley Lithium property in Nevada right next to the Silver Peak lithium brine mine that has been in production since 1966.

 

The Clayton Valley project is big, 593 million tonnes of 1,073 ppm Li in the measured and indicated category. A PFS released in May of 2020 showed a 40-year mine life with a capex of $493 million and a NPV of $1.052 billion. Lithium is in short supply right now and getting shorter. Other lithium juniors at a similar stage of development are selling for 50% to 75% of NPV while CYP is getting a mere 12% of NPV. It is the cheapest real lithium company out there on a per tonnage basis."

He should clarify that it's 12% of NPV from PFS - not current (at least that's how I read it ). It's closer to 5% now due to rising prices since that time....

As I've said for months, either way it's horsesh*t and should be well north of $6-7 CAD by this point.

yakattack wrote: Need 120% gain just to get back to previous area of 2.50, let alone proper value north of $7 before pilot. Sad.

Also the price of lithium went up again.... now at 12,929 up some 400 or so since this previous updated post below....

yakattack wrote:

Current LCE Price: $12,595

 

Current financial stats based on LCE price using PFS numbers and 8% discount: 

 

 

 

1.67 Billion USD (2.25 Billion CAD)

IRR of 55%

50% EV/NPV Share Price = $7.77 CAD

Piedmont equivalent share price = $13.5 CAD

 

 

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If hydroxide is being used.... then we have:

 

2.36 Billion USD (3.19 Billion CAD)

88% IRR

50% EV/NPV Share Price = $11 CAD

Piedmont equivalent share price = $19.14 CAD

 

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If hydrochloric acid and sodium chloride works out and opex can get to... $2,600 instead of $3,300:

 

2.55 Billion USD (3.44 Billion CAD)

100% IRR

50% EV/NPV Share Price = $11.86 CAD

Piedmont equivalent share price = $20.64 CAD

 

 

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If hydro/chloride is used and opex is at $2,600 LCE spot price rises to $14K:

 

3 Billion USD (4 Billion CAD)

145% IRR

50% EV/NPV Share Price = $13.79 CAD

Piedmont equivalent share price = $24 CAD

 

 

We sit at $1.36 CAD