Post by
AtoZsports on Aug 03, 2022 9:50pm
Clayton Valley neighbor Albemarle just posted great earnings
Between Livent on Tuesday and Albemarle today it is clear the Lithium market is on fire. These companies are printing money right now with 10X demand still on the horizon. Albemarle in particular will have its coffers full of cash by the time Cypress has it's FS wrapped up at year end. Once a solid NPV can be put on this project let the bidding begin between cashed up bidders. The margins on Cypress project are so amazingly strong at current prices I can't see how Albemarle lets them get away to an OEM.
Cypress' domestic production will be so important to get EV's eligible for tax credits that it will be a key asset. BOOM times are coming and soon. My only disappointment right now is that I struggle to get more shares than I have already. At this point any and all free cash goes into Cypress.
ALL IN every chip on the table for this ride.
Comment by
kh231 on Aug 04, 2022 8:41am
I'm with you 100%, AtoZ! Wish I had more cash to add to my truckload of CYP shares at this bargain price range.
Comment by
Beaumont0150 on Aug 04, 2022 9:07am
Not sure why it is so cheap, I will buy some more when we can margin this stock @2-3, when the move to bigger Xchange. Hopefully US 4 by yr end