Dear subscriber,
Cypress Development surprised me and probably lots of others too with their 6.54Mt LCE maiden resource estimate on their Clayton Valley Lithium project. The markets weren't too impressed and seemed to use this as a liquidity event of sorts, but this remains no small feat for this tiny junior. To me the best part is that management appears confident in finding a commercially viable recovery method, as ongoing met testing seems to be progressing very well. If a commercial method could be found, the way to stellar economics is wide open. For an indication how stellar just read more about it here:
Cypress Development Announces Impressive 6.5 Mt LCE Resource For Its Clayton Valley Lithium Project
Regards,
The Critical Investor