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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

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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TSXV:CRE - Post by User

Comment by kakoo88on Dec 22, 2021 11:40am
156 Views
Post# 34254639

RE:RE:RE:RE:This getting old but fun lithium prices up πŸš€πŸ’₯πŸš€πŸ’₯

RE:RE:RE:RE:This getting old but fun lithium prices up πŸš€πŸ’₯πŸš€πŸ’₯

It looks like you called it monkeyhere..
This is mind boggling!

One thing I don't agree with you on though is your comment about Phase 1 FS based on spodumene prices of $1,500/t.
That's not true and one can blame management's lack of marketing about it which has created even more confusion.

The bulk of the volume to be produced annually (over 186K tonnes every year) is Chemical grade spodumene calculated at a price of USD $750/t that will be sold to be converted to battery grade material.

On top of that, CRE intends to produce Technical grade spodume on an annual basis (over 50K tonnes every year), this is the product that is priced at USD $1,500/t and will be sold to the glass and ceramics industries.

You can find a good explanation about the difference between technical and chemical grade lithium at this LINK


Cheers to all longs!

 





 

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