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.

TSXV:CRE - Post by User

Critical Elements Lithium Corp > 1.50

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Comment by Montreal1010on Jun 02, 2021 10:57am

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Post# 33310548

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:1.50

I think a $1B market cap is achievalbe.

An extra $3500/T for 20K Tonnes would be an extra $70M/yr for the company and over the 17 year mine life it adds $638M USD to the NPV.

The surveys might also show more resources around Rose.

Phase 2 will also add a lot of value to the company. If I remember correctly, JSL and Dr Haber told us last summer that for an integrated company, roughly 2/3 of profits come from spodumene and 1/3 from conversion. That’s approximately the % PLL has in their corporate presentation.

There's lots of upside from here. This week reminds me of 2017!

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