Critical Elements Lithium Corp V.CRE

Alternate Symbol(s): CRECF

Metals & Mining Industrial Metals & Minerals

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.

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Critical Elements Lithium Corp

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Comment by PADAP23on Sep 06, 2017 8:36am

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Post# 26660247

RE:FS IS OUT

And this is only the phase 1 BFS, representing 2/3 of the total NPV of the Rose project according to Dr. Haber.

The total NPV for the project should be 1.88 B $.

Considering 165 M for total shares outstanding, this would mean a value per share of 7.61 $ for phase 1 and 11.78 $ for the whole project. Since the project is only at the BFS stage we have to calculate a conservative risk ratio of 40% to evaluate the actual SP, that is 3.04$ for the phase 1 and 4.71 $ for the whole project.

Not bad.

Hoping the market will come close to these numbers...

JMHO

PADAP23

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