Post by bigopson Jun 21, 2024 1:38pm
329 Views
Post# 36100360
It is NOT enough ;)
It is NOT enough ;)So predictable....so boring already.
CRE stock price is down....btw, so is EVERY Li name in the market. ALB is below $100/share for the first time in over 3 years...4 years....everything is getting killed.
Not that anyone takes note.
Rose has an NPV of approx $1.1billion USD even using today's crappy Li pricing. That is 10x at minimum our stock price.
Now - is it reasonable for us to go up 10x in this environment - nope. Will we cut a deal at 10x today's stock price - nope......but could we cut a deal at 2x or 3x or 4x today's stock price....easily. Will we - yup. When....that is the questions. The only question -- and that is determined by the entity that will cut a cheque for $300,000,000.
All the teeth gnashing and blaming and speculation is simply borne out of fear or other people trying to manipulate you to be fearful.
If you know what you own - you know that it is only a matter of time until a deal gets done and we unlock tremendous value. The entire space sucks right now -- get over it. This has happened a number of times before and will happen again -- same crying and blaming happens every time.
On another note - our ownership in PNPN is becoming more and more valuable because of their massive success in drilling and what they are finding. Soooooo - have any of you looked at a map of our property and PNPN's.....maybe you should....we have something called Lemare that is sitting very close or perhaps on the same trend...
I will not wish anyone luck - we don't need it. We have the goods and have the permits, have a new deposit in Rose West and have ownership in a new exiting development in PNPN and the world demand for Li remains extremely robust and EV sales continue to grow at 20%+ year over year.....
If you know what you own you know......if you dont know you can continue to whine and complain....and if you are a pathetic loser short who simply tries to scare people - do us all a favour and crawl back into your hole or back into your bedroom that you have at your mommy's house.
;)