Post by
johnu48 on Feb 02, 2021 4:19pm
RE: PILOT PLANT
The 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.
Comment by
beaker2 on Feb 02, 2021 11:47pm
As you mentioned you called the company two weeks ago which I still haven't found in your posts and you haven't posted it. So maybe call the company and find out for yourself what's going on, instead of putting down a company that you are supposedly invested in. Then you can leave some useful information for all of us to read.