Post by
jicoop on Oct 27, 2022 9:13am
Good news
Good news release from CYP this morning. I'm not posting much lately as we are in limbo mode waiting for the FS next year. Important part is the section below from what I read. Long winter ahead but may be light at the end of the Cypress tunnel coming next spring .
Coop
Based on the progress and results from Saltworks, Cypress is focusing on lithium carbonate as the end-product for the Feasibility Study and has engaged Saltworks to provide the engineering and design for the final steps in producing lithium carbonate. Based on timelines for the major components and cost analysis, as well as to allow thyssenkrupp nucera sufficient time to complete its design and optimization studies, the Company expects the Feasibility Study to be completed in the second quarter of 2023.
Comment by
KelloggWalker on Oct 27, 2022 10:01am
just in time for the big selloff,markets tank in the spring time,mngt have this timed perfect for the buyers of cyp,like i said in a previous post,i wish they didnt put out this release,all we need to see is something in the order of a bigger exchange,or a new ceo,and then and only then we go up in the short term.down we go.
Comment by
CALISUN on Oct 27, 2022 10:36am
Pending the FS ....how much capital is going to be needed to finance the project ? Will CYP have to go to the equity markets again to raise money ? Dilution becomes a factor. Thoughts ?
Comment by
BraddockTrail on Oct 27, 2022 9:38pm
Seeking Alpha had an article today on "Cypress Development - Taking a wait-and-see attitude" posted around 5-6am today. I have reached my free article limit so I can't read it. Perhaps someone will. GLTA
Comment by
KelloggWalker on Oct 28, 2022 11:09am
so thats where all the volume came from,dont break the bank guys,what a joke,markets going nuts and this poopoo down again,get off this exchange you little jerk.paid advertising.jmo