Century Lithium Corp V.LCE

Cypress produces battery-grade lithium carbonate

[TrevorAbes]

https://themarketherald.ca/cypress-development-tsxvcyp-produces-battery-grade-lithium-carbonate-2022-09-19/

[Moemoney42]

Doubled my position on the pull back today.. the way I see it CYP will be bought out before they get too far along by a major player, once they have done all the hard lifting.. at a NAV of under $200 million it would  be a cheap addition to one of the majors holdings IMHO..  Key will be at what price.. I'd venture to say its near the $3 mark..?? Just a guess..??

[Beaumont0150]

$3 can. Seems way off for this property.  Mgt appears to want to develop with a partner.  Plant next door has SH. Value at $300 US.  I am seeing more like $20-50 US in 3-5 years.  

[Moemoney42]

Although I like your enthusiasm, I can't see that price acheived before a buyout.. don't forget they're going to have to sell a portion of the prospect to finance the build, and or do an equity financing and a possible offtake agreement.. lots of variables at play.. but the resource and water rights do give the play decent values going forward.. 

[Beaumont0150]

3-5 years at 20-50 with a facility and partner.

[yakattack]

Not a chance. It has trouble keeping 1.50 let alone 50 Lol come on. Maybe 15 on the high end with a miracle

[slyder3]

Well after announcing we and produce Lithium Carbonate at a 99.4% ,outstanding achievement,share price isn't as high as I hoped. I think now we are just continuing to de-risk the project and waiting for a partner  with deep pockets or one with deeper pockets to take us out.  We justneedylbe be patiently waiting and carrying on as we are. Everyone was frustrated when waiting for the

[Number1Lithium]

Slyder3..   I am with y'all  to the end .

[yakattack]

That would be criminal. Selling at 3 would probably lead to legal action from shareholders. 10 maybe.