Critical Elements Lithium Corp V.CRE

Why I'm Still Here

[rockhound01]

This has been a long and somewhat painful journey but I think we're finally nearing the big returns.

OEM's are spending billions changing their focus to electrification.

The Chinese and the rest of the world are adopting EV's at a rapid rate.

Government's are in panic mode due to the Chinese control of mines and processing.

OEM's are in the same boat as government's

Auto companies are aligning with battery makers to build new plants in Canada/world.

Cre is trading at .4x NAV compared to peers at .9x.

Cre feasibility study coming in Q2 reflecting the latest ltihium pricing.

Hydroxide numbers added to the FS.

Large drill program for expansion of proven resource and discovery in new showings.

Final permitting on the horizon.

Everyone keeps talking partner but If you factor in all of the above a takeout seems like a more logical scenario to me. 





Cre is the closest company to production in North America.



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[monkeyhere171]

Takeout below $5 will be a robbery and I don't think anyone will pay that much at this moment...

[Openroads]

Thanks Monkey, Very much agreed that below $5 would be robbery but there are some very deep pockets in mining and industry that can't wait 10 years for the Frontier Lithiums of the world and will need to nail down late stage projects now. 

[Speedypete]

Let the bidding begin

[monkeyhere171]

Haha doubt it... My main fear is that the current management, that I have no trust in anymore, will pull the rug under us by diluting the sh*t out at around $2.50/share hence the play keeping the stock price down.. Why would you buy outright the company for $5/share as you can get more than 50% via 'financing' deal and secure all the spodumene you want at preferred price? Meanwhile

[Openroads]

Valid point Monkey and I certainly believe that would be the case if there was only one suitor at the dance. The lithium market is nuts right now and there will be several companies eyeing a late stage play. Salaries and options are nice but when your family (JS and co) control about 8 million shares, Brune @ 1.3 million and other board members shares a huge one time payday is more attractive

[Rinny1]

Why am I still here !! CRE as a company never even started yet !! Share price not even close to where it should be!! Permit  Permit  Permit  (this will de-risk our project and start a lithium company in the making) Permit in our hands will be a totally different ball game !! Then look out !!  Lithium Rush just starting  Ev boom never even started 

[Jaded84]

All of this is true and exciting for the lithium industry. HOWEVER, the one thing the other lithium juniors have going for them is that most aren't in Quebec and they don't have CRE's management team.