Critical Elements Lithium Corp V.CRE

My theory for the current delay

[OptimistePhil]

 Here's my theory for the current delay: the partner and Critical Element want to secure the other 50% of the funding. The USA provides a good portion of the financing, but the processing plant must be in the USA. The Government of Quebec has already mentioned that the processing must be done in Quebec. So I think the current delay is related to the federal government which must have a program as generous as the USA to have the incentive. we are therefore waiting for the federal government to announce its plan. Even if we wanted the mine to produce in 2024, the processing plant would not be ready before 2025, so there is no point in rushing to finalize the agreement with the partner without the rest of the tie. What do you think?

[tinker901]

Eh bien Phil, Une theorie en vaut bien une autre. Donc je pense que ton scenario est possible. Par contre, je souhaite que l'on ne fasse pas affaire avec aucun gouvernement si possible, sauf pour des rductions de taxes ou pret sans interet. D avoir le provincial ou le federal inplique dans nos decisions serait un boulet selon moi.

[Wheeler]

My theory for the "delay" is much simpler. I think that management has ignored the financing plan for a long time, they announced 12 NDAs years ago and very very little since then. Consequently, they were unprepared for the work that they had ahead of them with regard to financing. They erroneously thought that the mining/oem world was simply going to fight over them and there would be a

[monkeyhere171]

The fact is that there will be no Q1 announcement, market knows that and profits from it, period! Management should have addressed the delay by saying something in the lines that we planned to do it Q1, however based on our advanced discussions we need additional steps or whatever in order to obtain the best possible results, etc. Reassuring investors there is interest from multiple companies