Critical Elements Lithium Corp V.CRE

Working back from September's "conservative" timeline

[illusion81]

Next week we enter June, which leaves 3 months before we hit CRE''s own proclaimed conservative timeline.  I believe there are a number of posters on this board that are either involved in some way in the business of mining or are at least pretty well versed in it from other investments and research.  With this being the case, I wanted to put out the question to this group around when would be the absolute latest that CRE would need to be financed to keep their current timeline in tact?  If they want to be stripping trees in September, then I think it's only logical that they have to have purchased machines and have secured a labour force to this work.  What else is needed?  A make shift camp of sorts for the workers?  How late can they wait to secure all this?  I don't believe there was any mention from management to get this work started prior to securing a partner and financing.  So if this is true and if it takes "x" weeks/months on average to get the right man power and machinery on the ground to get the work started, then by knowing "x" we should be able to determine what is the latest date by which they need to have the partner and financing in place.  Any educated guesses for what "x" is equal to are welcome.

[tinker901]

The tree clearing does not need that much preparation. It is a rather inexpensive step that can be paid for with money already in the bank. Then, the trees are not what you would find in northern BC for example. (They are more like chopsticks, you have to glue two of them together to get a 2x4  ) I believe they can get food and board at a nearby camp for the workers to start that task while

[illusion81]

Appreciate the insight, Tinker.  If it's at least a month that they would need then end of July to complete the financing should be the latest.  That's also considering if they don't want to use the $ that's already in the bank to get things going on the job site.

[monkeyhere171]

Best way is to look around and the closest isnthe James Bay project. Go over their Q1 and the comments regarding permits and construction!!! They are ordering equipment now!!!  My opinion is that CRE will not start any construction September and everything will be pushed further, all you need is to look at our stock performance since the May 16th NR. Market is not buying what management

[tinker901]

I spoke to M. Laperriere las week and September is still on.

[Wheeler]

Has anyone asked management what they mean by conservative ? Were all their previous timelines not conservative? I'm a little confused by this.

[tinker901]

If the comment "Conservative" was for signing the right deal, then according to plan we are good. As for the relation between "tree clearing" and "Septembre", like I mentionned a few posts ago, starting the tree clearing with just a month notice is plenty. So, although somedays I feel like punching the wall, my thoughts are they have till July 31st and can still