CRE presentationIt looks like it has been updated, as of March 2016. It's interesting to look at page 10. With the price of lithium at $6,000/tonne the NPV of the project is $488M. But if the price of lithium increases to $8,500/tonne then the NPV is suddenly $1.08Billion. Quite the increase.
As you know, NMX recently announced their project is worth almost $2Billion. And their share price shot through $1. I wonder what would happen if (and when) CRE announce the same thing. We know it's worth more than $488M, especially with the increase in lithium prices, and with the increase in recovery rates by CRE. So why not re-do the calculation? And come out with an news release?? I know this will all be included in the Feasibility Study...but it may be overlooked. I'd rather see a news release with an updated NPV showing over $1Billion. Then the stock price should shoot up.