RE:RE:Potential big news to drop this week?It is looking like this week won't be the week of news of end product. Maybe the holiday pushed back the timeline by a few days. I would prefer at this point it comes on a Monday or Tuesday rather than a Friday. A Friday news dump could be bad news (although I have strong feelings Cypress will get to final end product) it just isn't ideal breaking big news on a Friday.
In the short term I am not sure the market will care all that much. Central Banks are getting very aggresive with the rate hikes right now. It may put a lid on any stock no matter how good the news turns out. Which is fine. I just consider it a buying oppourtunity. I am still buying up shares with all my free cash. Cypress is a no brainer IMO. I am putting a lot of my eggs in this basket.
By year end this could be home run. Things could move very quickly once final end product is achived and the FS is complete. The prices of just about every commodity is down. Oil, lumber, copper, nickel, but not lithium. Lithium is holding up in price and everyone knows why. I suspect the NPV on the FS will be $3 billion. Once that is released Albemarle will come knocking. I can't see how they don't make a very strong bid to by Cypress and then consolidate the whole Clayton Valley.
Even if Cypress settles for half of the NPV that would be a $10 share price. It only a matter of time. Sit tight , be right, and add to the position every chance I get. That is my plan.