Cypress Development tritt in LOI für den Kauf von Wasserrechten in Clayton Valley, Nevada ein
Das ist ein WICHTIGER Aspekt an Der "Ganzen Story" !
- You can have the best lithium resource on the planet, but without water rights most projects will be at a severe disadvantage.
- ONLY THREE COMPANIES IN CLAYTON VALLEY HAVE SUBSTANTIAL WATER RIGHTS. The valley is OVERSUBSCRIBED for water use. New permits are very UNLIKELY.
- Cypress will soon have water rights, setting the company up for a successful future via joint venture or acquisition .
- Albemarle (holding the bulk of water rights in the valley) stated last January they will utilize all of their water rights .
- Albemarle also stated they are looking at clay assets . We theorize that Albemarle will approach Cypress as they are the most logical choice (given the clay assetts they have).
[Blockierte Grafik: https://media1.tenor.com/images/51b7cab56834f4b1213527b8be7ac3d5/tenor.gif?itemid=4724569]
http://seekingalpha.com/article/4439254-cypress-development-stock-cydvf-the-lord-of-the-lithium-rings?utm_campaign=twitter_automated&utm_content=article&utm_medium=social&utm_source=twitter_automated
[Blockierte Grafik: https://static.seekingalpha.com/cdn/s3/uploads/getty_images/842180048/webp_extra_large_image_842180048.webp]