Post by
CALISUN on Mar 28, 2023 2:35pm
The down trend makes no sense ??? Anyone ?
It makes no sense to me given the resource estimate (40 yr mine life) and proven pilot plant testing for LI extraction that works with viable grades/percentages of Li extraction. The unfortunate thing is that if the price falls to much, a buyer could come in and swoop it up so cheap that the premium only gets us into the $1.50 range. I'm no expert on this matter, but it has crossed my mind . Thoughts ?
Comment by
kh231 on Mar 28, 2023 6:58pm
Yup! The down-turn makes ABSOLUTELY NO SENSE WHATSOEVER for LCE. I've been a buyer ever since it fell below $1.30. It's a SUPER BARGAIN now at just above a buck. Guys like Epstein and Avanzalg know it's going to at least $3.50 after the Feasibility Study and a Joint Partner will swoop in REAL FAST by end of JUNE! MARK MY WORDS. I've been with CYP for over 10 years!