Comment by Margin321on Aug 21, 2024 8:39am

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Post# 36189431
RE:RE:RE:Somting to watch
RE:RE:RE:Somting to watch
Good points for sure monkeyhere 171.
The 13 million PNPN shares are not frozen for the next year. And PNPN share price does not depend on a turnaround in the lithium market. And those shares are not the main PNPN asset that CRE holds. They have 20% of NISK whick includes the Nickel operation that is advancing. And 20% of the polymetallic deposit which is truly exciting. And they are carried on the robust explorationprogram which is ongoing and will probably cost 20 million (already in hand) in the next year, so that is another 4 million value to CRE. All I am saying is that there is an embedded asset that I value at a minimum of $30 million and that could be worth much more within a year. Maybe multiples more. That might support the CRE share price a little because the lithium mine, although more advanced than smilar projects, has to wait on resolution of financing. GT1 does not have that piece.