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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 tinker901on Mar 09, 2023 7:43pm
192 Views
Post# 35329517

RE:RE:Finance time line change?

RE:RE:Finance time line change?Bigops, I like the way you think.

The wording in what Eric and Jean have been saying lately is important.

Some participants on this board seem to confuse " completing FINANCING in September" with " signing a joint venture in September "

When a joint venture for 50% of equity is signed, the other 50% of financing will not magically appear the next day. 

Like you are suggesting, I think the joint venture comes first then the rest of the financing will follow.

So the re-rating will start to happen when the joint venture news gets out and should progress all the way to completed financing and shovels in the ground in September.

In the Red Cloud presentation, Eric shows a slide with a timeline to production and starts by saying that it is a very conservative one. Then a bit after minute 14h10 Eric mentions having the financing completed for September and " Potentially quite a bit earlier "
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