Critical Elements Lithium Corp V.CRE

lol CRE is gonna get the permit and have a -5% day, classic!

[NovaScotia902]

Because why the hell not

[monkeyhere171]

Don't get stuck with one stock, look around... This is dead until Management clarity how they're going to finance the project. Everyone is stuck with the permits but you will all see what the price action will be. The overhang of massive dilution is what is the issue and the NMX shadow. Same as everyone was waiting for the updated FS to "unlock" the true value and we are still

[Canadiendave]

I think the prayer is that on the heels of the Provincial licence there is an offtake and financing anouncement.  It is reasonable to think that the company has an agreement tee'd up and ready to go.  Also, an offtake partner would reasonabley have the provincial permit as a condition to the agreement.  In order to make a good offtake agreement, CRE needs to fully understand

[tinker901]

There is no doubt that with spodumene prices as they are today and the quality (purity) of our concentrate, there are not one but many buyers on the line. The reason everything is so "secret" and the darn permit is so crucial is simple : CRE is not looking for a regular offtake deal but for a partner that will invest a certain amount (I am guessing between 100 and 200 million) not for

[Speedypete]

Yes   Agreed Tinker   Cheers

[Bullatnl]

You are absolutely correct sir on your assessment,  it's just a waiting game right now 

[Wheeler]

Tinker you are absolutely correct in saying that management has pitched this plan in the past and it is pretty much what we had "tentatively" with helm. But management has changed its tone just a little on this over the past year or two. They mention having a partner with skin in the game but they haven't talked much of a JV. Me, I kinda question the logic of giving up such a big

[tinker901]

Hey Wheeler, You are right in saying that 25% of 725 million is a far cry from 25% of 2.5 billion. The discussions I was referring to are pre-pandemic. Add to that the build cost for phase one was estimated at 340 million CDN and now we are talking about 450 million USD. It may not be 25%, but if we want some kind of joint venture with a partner the deal has to be sweet to lay down cash for a

[Wheeler]

Yep, we're definitely in a different position than we were back in 2017, with the permit in hand we would be very low risk in a very hot lithium market. I'm not worried about financing or a partner at all, management has held off on making a deal because they know they'll get a better one with the permit. With the permit in hand we will have our pick of several potential partners, what

[SOURCEMAN1]

Wheeler good for if that's all that keeps you up at night . For me there are multiple issues. Let take one issue  Why is management allowing this stock to trade at $1.29  if the value is $7-$10     

[settoretire]

Quebec  Crooked as the day is long. 

[110158]

It's ok redneck we already heard you comments.....sell and go on 

[Jaded84]

It's literally the ONLY question that matters! Why the hell is management facilitating our SP at these levels!? And to take it further, what have they actually accomplished in the past 10 years of trade for their inflated salaries and stock options?

[Wheeler]

Why is management allowing the stock to trade at $1.29? Is is a fair question. In my opinion, management has limited control over the SP. There are things they can do to pump it up, such as sign an MOU or strategic agreement with a big name similar to the ETMC - Imperial Oil deal we saw last week which gave ETMC a nice bump in SP for a small 6m investment that essentially means nothing. However

[SOURCEMAN1]

Item #2 to keep you up at night TORONTO and FUJIAN, China, Oct. 8, 2021 /CNW/ - Zijin Mining Group Co., Ltd. ("Zijin") (SSE: 601899) (SEHK: 2899) and Neo Lithium Corp. ("Neo Lithium" or the "Company") (TSXV: NLC) (OTCQX: NTTHF) (FSE: NE2) are pleased to announce that they have entered into a definitive agreement (the "Arrangement Agreement

[Wheeler]

I would never say never about anything, however, management has never given shareholders any reason to suspect that they would give away the company for anything close to a 36% premium of today's SP. But I don't know everything, in fact I'm wrong more often than I am right, and I suggest that if you are seeing red flags around CRE then sell asap and don't look back.

[monkeyhere171]

How about CRE management put their own money and buy shares on the open market? At least to show shareholders that they believe in what they are doing.. But nope, all they do is exercise options and that's one of the red flags for me and my concern about significant dilution. Of course I want to sell and move on but not at these  levels. Mind COMEX discussed the project at their July

[Wheeler]

The July meeting hasn't happened yet, I assume you mean the June 14 meeting.

[monkeyhere171]

Thanks Wheeler! Yes I meant June meeting... BTW the short count increased again last 2 weeks. Not much but given the low volume.., guess it's enough for whoever is playing it.

[tiger2201]

The buy out price should be based on CRE's NAV. If the management and our investors are saying NO, then there will be NO deal. 36% premium over our current SP is laughable. tiger

[Jaded84]

So many good points, but the resounding issue that is always perplexing about CRE is the fact that multiple jr' sin the sector are trading at multiples of our SP with NO PERMIT! Is it just the market deciding they're worth more, or is it a fundamental difference in the way the company is run? In the end, we're all here for ONE thing, and that's to see a return on our investment. We