Post by
johnu48 on Feb 05, 2021 12:42pm
RE: Share Price
I believe the recent decline in the CYP SP is not only due to no recent NR but is also says there is a fundamental concern that mgmt can not deliver what they have been promising for over a year. They could have announced a PP when the SP was in the high 1.70 to 2.00 range and had the Pilot Plant well on its way. They didn't and now we are in the mid 1.30s and continually going down while most of the other Lithium plays are going up in value.. Then when the others go down CYP SP goes down even further. That i my opinion is not a sign of a healthy company. They are now, by their own projections, 2 months late in announcing the news on the Pilot Plant. I read some of the comments on the CEO board and can't believe the rehash week after week of the so call bar roon engineers, on the virtues of CYP only to end up in the same position, that of a falling SP. CYP SP has fallen over 45% from it's recent high, I venture to say more than any of it's competitors. That speaks volumes as to were the CYP share price is going in the next few days or weeks. Probably see 1.00 before the carnage is over.
Comment by
kh231 on Feb 05, 2021 12:47pm
have faith, johnu48! Mgmt will deliver. much more than anybody expects. the NDA's are holding them to be quiet while the big partners get their ducks in a row for buy-ins or buy-outs. it will definitely be at a major premium to the current share price.
Comment by
jamstk on Feb 05, 2021 1:06pm
We've been hearing that time and time again . Welcome to operation watch money go down the drain daily haha # nightmare
Comment by
Snakeyes77 on Feb 05, 2021 1:15pm
I agree with you! Others would know something! A buy out or partner. Compared to others sp somebody don't like something about them. We will be Pi--ed if they dilute now.