CYP Fair Value $3.75 & Trading Below $1.40Once a few of these Lithium deposits in Canada and Nevada get up & running into successful operations and the broad-spectrum investors begin to realize the cash cow profits being earned by these newly minted "producing" Lithium companies then investors from coast to coast to coast and around the globe will be pouring family trust dollars into these New/Green Energy Lithium companies like we have never seen before - both producers & explorers to rocket higher.
So, we're still in that investing phase where that hasn't happened yet, where "actual" share prices are still well below analyst Fair Value estimates (macro factors like illegal Russian invasion/massacre into Europe, hence inflation, China lockdown, etc...) has jolted investors since February which clearly put the freeze on share prices of Lithium developers.
Same happened with Frontier Lithium, who has discovered & drill outlined a vast quantity of High Grade Lithium from here to the other side of the moon to supply the globe for a minimum of 50+ years, share price was responding accordingly towards $5 - $8 until Putin-nomics struck the globe and FL's share price froze in the $3.30 range.
However, with the European Union massively in agreement to cease oil & energy exports from Russia, green energy and Lithium powered transportation is the solution to meet the world's transporation energy needs.
Therefore, the Lithium pause in share prices provides an opportunity for those investors who didn't get an opportunity to enter the Lithium energy changeover during the initial move higher.
It's still early very innings.