RE:RE:CCE PRICE TARGETS [extremely undervalued today]It even gets better: CCE's Ashram project is a growth story
This is why... Slide 23, from the Corporate presentation
- Pre-tax NPV (10% discount): 2.3 Billion CAD
- PEA considers
only 15% of the known resource (in its DCF model)
Slide 32, the list of
20 companies that have requested samples, not including Majors under NDA
- CCE will possibly want all of them to become customers; each customer getting a relatively small portion of the output
- CCE's output will increase over time, in line with the growing demand from those companies/customers.
KILOFINAL wrote: thanks for posting
pensionbuilder wrote:
We live in a technology driven society today, where new innovations are environmental driven. Most politicians now believe that the new economy will be 'green', with machines that run on electricity either from harvesting sun/wind/wave/dams. The oil age has peaked, probably some years back already, as smart-money has moved out of it with new investments. The shift from oil to green carries with it new needs, as for example new engines, where REE (rare earth elements) is crucial. These REE's are not as rare as one would perhaps think, but the type of ground it lies in, depth and concentration is the factors that decide if it is worth starting a mine to extract it. Today China has had an almost monopoly of this market. Now we write 2020 and the need for these REE's is only increasing day by day. Not only is the pressure on getting access to these metals due to limited supply building, but as China is being seen upon as a threat for most western countries, their allies and neighbours, there is a new urgent need to find alternative supply chains outside of China. Without going to much into the politics around international trade and how monopoly can be weaponized, it should be easy for anyone with access to daily news to see how it keeps escalating, and the stress countries like Japan, Germany, USA, Taiwan, Australia etc. are facing. COMMERCE RESOURCES in Canada, is a mine with what seems to be the one with biggest potential in any country looked upon as allied with USA,EU and AUSTRALIA. With proven drill samples showing high concentrations of REE's needed in our green shift, easily accessible and the right type of rock it's in. Commerce resources has captured the attention of the Pentagon and EU. Commerce resources has for years worked on its drilling, mapping, road plans, agreement with local Inuit tribes, researchers on mineralogy, extraction techniques, separation efficiency and profitability of the project. Now combining this work with today's political climate and the increased needs for these resources, you have what can look to be the investment of a lifetime. Using today's REE prices that are actually not historically high, the mines resources in the ground is valued to about 2.2 Billion CAD (Canadian dollars). There is 50 million share out today and it is traded at 0.3 CAD THIS MAKES THE COMPANY WAY UNDERVALUED AT ONLY 15 CAD. If one uses today's REE prices and the 50 million shares as basis, the price target is at astonishing 44 CAD. Ask yourself this: where is a good time to invest into a project like this? 0.30 CAD ? 3 CAD ? 30 CAD ? Many books has been written about what is called ONE HUNDRED BAGGERS, meaning investments that can give you 10.000% return on your investment. Here you have one served you on a silver plate.Do your own research and discover the truth in what I write. Buy now, then share this facts with the ones you love and friends. This REE money train just started rolling. Good luck to you all, stay safe and be patient.