Critical Elements Lithium Corp V.CRE

News out

[Rinny1]

NPV 1.9 Billion

[Wheeler]

1.9 B that's higher than my expectations, they used an average price of  $1852 for chemical grade, it's like they read my mind.

[Montreal10102]

That's not really news to posters here, that's pretty much what everyone calculcated months ago Now let's go to at least $4 please!

[monkeyhere171]

"all figures are quoted in American dollars ("US$") and are reported on a 100% equity project basis" See how this will be accepted by the market!! 

[Wheeler]

With a current market cap of about $250M CAN, we're sitting at about one tenth of our present NPV 

[blaggers]

This post has been removed in accordance with Community Policy

[blaggers]

This post has been removed in accordance with Community Policy

[Jordsword]

Being released first thing in a Monday I would say good chance for more to come. Although I'm not sure if they would withhold news of the permit if they had it in hand....

[blaggers]

This post has been removed in accordance with Community Policy

[monkeyhere171]

Show me another LI junior that says they will finance with 100% equity! Based on the current stock price we are looking at  400M shares plus 200M warrants probably if they go ahead with the 100% equity financing. Why not at least show 50% loan / 50% equity?  This management is really going to betray the existing shareholders and throw us under the bus.. Now you see why no one will

[Wheeler]

In recent interviews Eric suggested a 50-50 debt equity split.

[monkeyhere171]

Wheeler, it's not what management says in interviews that matters! It's what they put down on paper! The market is forward-looking, and with this NR they essentially killed any potential stock run, as who will step up and buy knowingly that there will be hundreds of millions shares available.  

[Wheeler]

Where in this NR do they suggest that they will finance only with equity? I'm not following your logic.

[dalesio_98]

Highlights Average production, Year 2 to Year 16 of 173,317 tonnes of chemical grade 5.5% spodumene concentrate Average production, Year 2 to Year 16 of 51,369 tonnes of technical grade 6.0% spodumene concentrate Average production, Year 2 to Year 16 of 441 tonnes of tantalum concentrate Expected life of mine of 17 years Average operating costs of US$74.48 per tonne milled, US$540 per tonne of

[tess4344]

Respectfully monkeyhere171, enough with the doom and gloom, today is a good day with these numbers.  Management has consistently stated that they will only dilute as much as is needed keeping  in mind shareholder value. If things turn out differently, I will be the first to say you were right but until  then, let's enjoy the ride which might take a while to sink in but

[Speedypete]

Thank you Tess 

[monkeyhere171]

Sure, rant over!   100% equity note is what made me go on a rant as I take that as they implied will not give a piece to anyone. So the preferred option for Management is dilution. Time will tell.  

[tiger2201]

It's the FS nmbers based on 100% equity., and shows CONSERVATIVE numbers. Management will not behave like Australian miners, dilute the existing shareholders to death.  That's why I don't touch Aus stocks. tiger

[Wheeler]

The report is written based on 100% equity, I take this to mean that the npv and all other values in the report are based on cre's 100% ownership, rather than any other matter of payment, ie shares in an jv company for instance. This does not mean that they will finance on equity only. But really all we can do at this stage is speculate, there's certainly no sense arguing about it, we'