RE:RE:FL filed PFS recently yet trades at a premium to CRE?Had to pipe in here at this point.
I get that you got burnt by Nemaska Monkeyhere171, so if we're comparing aplles, this is
not Nemaska and management is making sure that we don't wind up like them.
CRE management is taking the tortoise approach which is frustrating everybody including myself.
I would rather take more time then rush into something that we might regret.
In regards to Frontier Lithium, don't really know much about them but did do a little digging.
CRE skipped pre--feasibility and went right to feasibility due to the robustness of the project.
Frontier has an expected 24 year mine life compared to CRE's expected 17 year mine life.
CRE stopped drilling way back when they determined they could do a feasibility with a 17
year mine life, it was not the end of the deposit as Eric has stated.
And speaking of exploration potential that you bring up, CRE controls 700 Sq. Kilometres
of land which includes Lemare and other projects including identified Hot Spots that they wish
to drill.Frontier's combined CapEx is US $1.04 Billion compared to CRE's US $400 Million
which is why their payback time is 4.9 years compared to CRE;s 1.4 years.
I am not a mining analyst or geologist but like Speedypete stated "
its a long old road from PFS to whether or not they can even get the permits".
For those not familiar with CRE, below is Eric Zauscherb, Chairman of CRE
discussing the prospects with Crux Investor. LINK TO INTERVIEW