Critical Elements Lithium Corp V.CRE

Possible buyout

[tinker901]

After reading Sourceman's post about a buyout, it led me to have a closer look at the deal to take over Neo Lithium.

Here is some info on that :

Before the deal, their 150 million shares were worth 4.12$ a share and their NPV was 1.1 billion USD.

So in todays values they were worth 475 million US or if you prefer, they were at 43 % of their NVP prior to the acquisition. Then, at 6.50$ the Chinese company bought them out for 750 million or if you prefer 68% of their NPV.

So even if I do not believe that this is in our cards in the near future, IF it happens in the same conditions for us, that would be 5.87$ a share for us and I would kiss the buyer on both cheeks.

[tinker901]

Forgot to mention that it would be 5.87 USD or if you prefer 7.62$ CDN

[tiger2201]

Hi tinker, Agree with your analysis.  Another example is Sibanye-Stillwater bought 50% of Ioneer's Clay project for US$490M, and paid 100% NAV. Ionner even didn't have permit, and get into wild flower issue. So the management and investors would say NO, if the offer is riducularly LOW BALL. tiger

[SOURCEMAN1]

Thank you Tinker for all of the years of giving us the numbers.    I was wondering your thoughts on the Neo buyout based on The timing of when it happened (year 2021) Price of lithium then vs now And where they were at compared to CRE as far as permitting when they were trading at $4  share #3 Things that keep me awake at night  Read the last 3 billboards pages for neo lithium

[tinker901]

Sourceman1, having been on this board for around a decade now, this is my opinion on why a takeover is less likely with us as opposed to Neo Lithium From what I know there is surely more than 50% of all shares that are in "strong hands" and the proof of that is demonstrated by the pattern of everyday trading.  The longs, the Lavalle's and "friends' are all one big

[blaggers]

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[SOURCEMAN1]

Blaggers I would hate to see you go at only $7.62   looking at the AI fly over it apperasrs we have a few targets that may be as big as ROSE  . If the drilling doubles or tripples Rose  NPV  and then  we are rerated as a Chemical company rather then a miner  get moved to the US stock exchange  We will be valued much differently then a miner . Anyone want to

[110158]

In summary the situation translates as follows: uncertainty, speculation, accumulation, behind the door, silence, lack of transparency, lack of publicity, officials dragging their feet, and many others.  13 years of hopes, expectations, disappointments for maybe .....one day will be the day