Mar. 12 at 11:38 AM
$CYDVF why do people panic when juniors raise money? That’s part of the process in most cases for juniors. Century still has a ways to go, but management had done a good job of working the de-risking process w/ the Angel island project.
👉 have a FS with NPV of 4.01 BILLION based on lithium price at
$24,000 high IRR and 8% discount rate
👉 secured water rights
👉 fast track US govt permit
👉 pilot plant operational for 4 yrs proving their DLE process
👉 rising demand for lithium. Deficit issue this year and beyond for the foreseeable future
A recent analyst projecting
$2.38 value.
If Lithium prices exceed
$24,000 that price target rises as well.
Do your own DD. Not a recommendation