Critical Elements Lithium Corp V.CRE

RE:RE:Lithium stocks

[110158]

monkeyhere171 wrote:

It is true that ALL are down (besides PMET, but that will follow too) but direct comparison is not correct.

We need to look at market valuation compared to the recourse and CRE's $3 was far cry compared to the industry valuation of 50%-60% NPV which for us would have been around $4.5- $5 at that time.

So we fall from lower project valuation compared to all peers. FL particularly collapsed once the PFS was issued and they now need to find money... much more money than CRE.. to  advance the project. So realty hit them, unfortunately CRE never got that opportunity for whatever reason..

So we never had the wind blowing in our sails and reaching fair value to begin with due to Management inability to deliver on their own timeframes - financing right after permit, then Q1'23 then September, then end of year and now no timeframe at all..

The steady collapse is due to Market’s loss in confidence with the project – at $1.20 no one is coming to buy millions of shares… and you should ask why. I have stated many time that for me this means that Market expects a massive dilution so no rush to buy in.

 

Monkey must say you were right on all the line. Pink glasses team is keeping low profile.

Doesn't mean we will never get to anything, just mean that CRE always reserve us surprises after surprises we the littles one's...and often not good ones.

Never kept time frames, never kept us in the game of knowing even small things. The Sahara desert is a very small one compare the way CRE is taking.

Was a pink member for too many years.Realty caught up with us. The jewel is beautiful the gemologist is less.

Never the less Go CRE Go