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.

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Critical Elements Lithium Corp > Lithium prices up !!

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Comment by CIC4everon Feb 12, 2021 9:49am

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Post# 32551014

RE:RE:Lithium prices up !!

Good morning Montreal !

Good exercise. Nice to see other making calculations. You mix $CDN and $USD.

726 M is in $CDN. The 2000 $USD/t X 20 = 40 million $USD (50 million $CDN), so for 2000$/t more the NPV is like in your second calculation (1.186 B$CDN)

Also other Lihium plays use 13 000 $USD LCE or more.

So if you and use 3 000 $USD instead and multiply the result by 1.25 that will give us the NPV in canadian $. Please, could you do the calculations with 3 000 $USD.

Thanks

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