Critical Elements Lithium Corp V.CRE

Alternate Symbol(s): CRECF

Metals & Mining Industrial Metals & Minerals

Critical Elements Lithium Corp is a Canada-based mining exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of over 473 claims covering a total area of over 246.55 square kilometers (km2). It lies in the northeastern part of Superior Province, within the Eastmain greenstone belt. The Rose North property consists of about 31 claims covering a total area of over 16.14 km2. The Arques Property is composed of one block totaling around 136 claims covering an area of 6,840.93 hectares (ha) over 18 kilometers (kms) in length in a Southwest-Northeast direction. The Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. The Rose South property consists of over 280 claims.

TSXV:CRE - Post by User

Critical Elements Lithium Corp

Bullboard Posts

Comment by robergeaon Apr 22, 2017 12:45am

234 Views

Post# 26152151

RE:RE:Fundamentals and Technicals

Blaggers,
I presume that this does not take into account the potential 25% shares issued in the operating company so what is left is possibly 75% of the NPV (which is still way higher than the current MC). I think we will have a better understanding of the whole structure when the deal is signed and how much of Rose is own by CRE and Helm on a prorata basis. At the moment it is a bit of a guessing game but I do not think that we/CRE will end up with 100% of the NPV of Rose. That is just my understanding.
AR

Bullboard Posts

NervGen: Are amazing human trial results leaking out?