RE:RE:RE:Lithium prices up !!Thanks CIC4ever, it was actually your post on CRE vs NOU combined with Rinny's Li price update that made me think if this exercise.
If we use the average of 22 tonnes LCE per year in the corporate presentation and an extra $3K/T and 1.25 exchange rate we get $82,5M / year. Over 17 years at 8% that's $752M! So that would boost the NPV to $1.478B
With NOU's market premium of 1.65x NPV, CRE would be valued at $12,19 with 200M shares
I haven't done any DD on NOU but aside from Pallinghurst's support I don't think they have offtakes or partnerships with blue chip companies. I like the CEO's effort on Youtube to get the attention of Elon. Like another poster on this board said, other players doing well in Quebec is good for CRE