Century Lithium Corp V.LCE

Wtf

[Snakeyes77]

With them resigning? Yak.....what's your thoughts. Why after this did it go up 8% post market.

[Specific]

Resigning immediately. Not next week or next month. Very peculiar. Something smells. U can take that to the bank

[GGDawg]

I have to agree this is very odd and somewhat concerning but let's hope it's to make room for "partners" or new skills to the board to progress the project.

[Obamanomics]

Perhaps they didn't like the changes to their comfort zone brought on by the new folks aboard. Perhaps it's an upgrade to the team to pro-actively address what lies ahead.... time will tell. 

[yakattack]

Anyone who is scared over this doesn't properly understand  the CYP story. There is no need for them now. Why does CYP need CHOW as a board member?? Don brought the project to life and we should be thankful for that. This to me sounds like freeing up board member seats for heavier hitters with a different skillset. It doesn't mean the previous people were useless or things are

[GGDawg]

Inspiring to read you guys with such strong sentiment and confidence. Makes me more comfortable with my heavy position. :-)

[chico237]

Looking to break & hold over 2$ (try again next week?)...  Plenty of catalysts for Cypress on the way to at least 6$...   I like your $15 call even more!   All speculation until then... Chico

[cwDeici]

It's indeed speculation until we get our DFS early next year (won't be this year since their pilot plant just started). I'm holding 8,800 shares now, which is about 28% of my portfolio. 

[cwDeici]

Our NPV with an 8% discount is about 15 times the size of our market cap right now, if we subtract one third to partnerships and dilution we'll x10 after financing.  Hopefully the macro holds up until we get our DFS, but if it doesn't I've already pulled 34% offline into bonds and cash after an x4 year. I wouldn't mind buying more at rock bottom prices lol, just hope we'

[cwDeici]

Using $31k Lithium spot prices of course.  We could collapse from here of course, but there's some speculation prices might go as high as $40k, which would mean nearly x20 current MC before dilution. Some projects have gone beyond their flagship NPVs based on their wider ambition once they have got partnerships and DFS and financing. I think initial production was aimed at 2025-26

[Obamanomics]

12/6 - Bill is speaking in the evening on the first night: https://www.benchmarkminerals.com/events/benchmark-week-online-2021/

[cwDeici]

Sorry, I meant x4.5 :) wonder if we hit our peak... well, it'll go higher eventually, now or later :)