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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corporation is a Canada-based lithium 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 24.99 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. Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. Rose South property consists of over 280 claims.


TSXV:CRE - Post by User

Comment by PADAP23on Oct 10, 2016 2:05pm
143 Views
Post# 25328428

RE:RE:RE:RE:RE:Share price - one year from now????

RE:RE:RE:RE:RE:Share price - one year from now????To compare Nemaska's and CRE's SP,  we have to consider two additional important factors that drive significantly the SP: the NPV and the number of outstanding shares.

NMX's NPV is 1.88 B $. CRE's NPV should be higher than 2 B $ according to JFM, let say around 2.5 B $. Accordingly CRE's future SP should be close to 2.00 $ based on this difference alone.

NMX has close to twice the number of outstanding shares than CRE. NMX's and CRE's complete financing is to be done. (And I do not account for the fact that NMX needs much more money than CRE, which represents a higher risk for the market). Accordingly, CRE's SP should be close to twice NMX's SP since CRE has 2 times less SO. We get close to 4.00 $ for CRE's SP.

As mentionned in other posts, with some good PR, CRE's SP should get much higher than NMX's actual SP.

This is only guessing. But, adding to what tinker mentions, with all good news coming about the BFS, the financing, the new drillings, the early construction, and the other projects, I think a SP of 4.00 $ to 5.00 $ is possible. I also think that when time comes the market will realize CRE's full potential. It may take a little longer than we hope for, but it will come. 

JMHO

PADAP23
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