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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.


TSXV:CRE - Post by User

Comment by monkeyhere171on Jan 27, 2023 3:39pm
247 Views
Post# 35250952

RE:RE:MD&A Jan 2023

RE:RE:MD&A Jan 2023It is not my intention to personally bash management. Just pointing facts. So the decision to delay construction can be related to the design. As stated in the Eight Capital report, management noted design have to be at least 60% done in order to advance to the construction phase. As of January they are at 50% pre-design, so to reach 60% of detailed design in 6-7 months seems reasonable if they push their consultants. My question is why this was not done within the last year but obviously not looking for an answer.
The construction delay may not be only related to the financing discussions it seems 
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