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Bullboard - Stock Discussion Forum Century Lithium Corp V.LCE

Alternate Symbol(s):  CYDVF

Century Lithium Corp. is a Canada-based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in west-central Nevada, United States. The Company is engaged principally in the acquisition, exploration, and development of its mineral properties. The Company is in the pilot stage of testing on material from its lithium-bearing claystone deposit at its... see more

TSXV:LCE - Post Discussion

Century Lithium Corp > Reading between the lines
View:
Post by on-target on May 04, 2021 10:48am

Reading between the lines

What I see is the "Couloir Report" 04.14.21 (& maybe Cypress's last presentation) said,: 

From a strategic perspective, CYP’s main objectives in the short-term (according to
management) include:

Advance Clayton Valley to the Feasibility Study (“FS”) Stage: The next stage in the
mine development cycle, CYP plans to work on a FS for Clayton Valley, with a
completion date targeted for early 2022.

https://www.cypressdevelopmentcorp.com/site/assets/files/3991/cyp-couloir-capital-update-research-report-april-2021.pdf

   BUT!! Cypress's new presentation says,: H2 - 2021 : Secure Water Source
Complete Feasibility Study
Prepare Plan of Operations 

  (Yes,  knowing Cypress, the completion date can be moved.)

   BUT, what could have happened is that the pilot plant (could) be running now, and showing very positive results, that  (could) tell Bill that he is now sure how the pieces will fall in place from this point on. (IMO)

   To be clear, I did not talk to any part of management about any of this. 
Please notice, I did say the pilot plant (could) be running, & that (could) tell Bill...

   But what is true is that, ( according to management) , plans have changed, for now, in a good way.

https://www.cypressdevelopmentcorp.com/site/assets/files/3567/cyp_ppt-compressed.pdf
Comment by on-target on May 04, 2021 5:37pm
I"m posting a retraction. W/new info. Cypress's new presentation  that says: H2 - 2021 : Secure Water Source / Complete Feasibility Study / Prepare Plan of Operations , is the same as the last presentation.    I saw an old presentation on a "Seeking Alpha" article, and it was the same as our new one.    I also just talked to Don Myers, & he said ...more  
Comment by yakattack on May 05, 2021 10:52am
Small glass vials? The amount of lithium produced in the pilot is more than 450+ lbs. That's plenty enough for a bunch of huge sand bags worth. Not sure what the deal is with tiny lab vials....
Comment by on-target on May 05, 2021 1:02pm
OK yakattack, lets on what we know. First, Don told me, on the phone 05.04.21 that Cypress will be feeding 30 to 50 tonns clay into the pilot plant.     Second, avanzaig & numberlithium on ceo.ca, did the math & came up w/500LB of litium will be produced from this clay.    When I mentioned the 1 tonne produced for marketing samples to support negotiations with ...more  
Comment by yakattack on May 05, 2021 2:06pm
Asking why a few vials are being sent out after 30-50 tonnes of clay are run through the pilot is not unreasonable at all. It is quite logical to assume that a good chunk of the material produced will be analyzed by all parties involved. No need to get snippy. I would call back if I were you.... One tonne of lithium is the minimum amount being produced, as per the newest May presentation - unless ...more  
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