RE:RE:RE:RK EquityThe Rose property consist of about 250km2.
I would say that about 15%, max 20% has been explored.
So it is prettty understandable that we could upgrade resources from 34 M tons to 50 million tons,easily.
For my part I am eyeing more of a double or triple in resources in the end. This could lead to a value of over 10$ per share.
They have also 6 other properties not as important as Rose but still that could add value.
2 other properties have been optionned to Chilean Metals (Nisk) and Lomiko (Bourier) which will add to the value too...
Needless to say that I think we are really undervalued.
Imagine if Lithium prices go up to 30 000$, 40 000$, 50 000$ , (stop me) because of scarcity of excellent battery materials.
We all might not see the real potential here in less than 8 years.
Go CRE Go !