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 > The lithium beatdown continues Joe Lowry on X

<< Previous

Bullboard Posts

Next >>

Comment by monkeyhere171on Nov 06, 2023 3:41pm

192 Views

Post# 35720054

RE:The lithium beatdown continues Joe Lowry on X

For once, I don't think their market prediction is out of lunch.. They say LCE prices of $15K for 2024 which very well may have since currently they are $22K. That would make SC6 around $1,850 using the 8x conversion rule of thumb.
These are more marketable prices that will keep battery prices low and drive demand. $6K for SC6 was out of lunch, and Rose was until recently using $18xx price assumptions for SC6 and was still valued around $2B so still money to be made here.

<< Previous

Bullboard Posts

Next >>

Pembina reportedly in talks with Sinopec on LNG offtake agreement