RE:RE:RE:RE:RE:RE:RE:RE:RE:Amazing what a little tweeting does !🤞Bigops,
That's the point - there is NO other publicly traded company with permits in a safe jurisdiction besides CRE and the institutional ownership is the same as an exploration or junior.
It was CRE management (JSL/Eric) who said during the interviews before the permits that institutional ownership is low because of the risk and the longer permit process and that all will change once the permit is obtained. I encourage you to go check their interviews. Here we are almost a year later and now we are saying it's the financing the reason?
LAC recently started producing and their institutional ownership is 30%, Standard Lithium Ltd. (SLI.V) is close to our stage ( no permit) and has 20% institutional ownership. Now you see how I have arrived at the 10-20% number for CRE. I'm just looking around and comparing.
For you specifically:
An institutional investor is a company or organization that invests money on behalf of other people - mutual funds, pensions, or insurance companies. Individual investors are considering Retail.
If you really are interested, the ownership of CRE is available - the largest is RBC Global Asset Management at 2.8%, rest are different mutual funds or investment companies with 0.25-0.1% ownership of the outstanding shares.
It is a fact that Mr. Patrick Laperrire who "developed close relationships with institutional asset managers" did not do anything to increase the ownership and this is still a retail-dominated company.