Critical Elements Lithium Corp V.CRE

Lithium Ionic Corp. halted.

[sheeplesleepers]

Interested to see what the news is and how much the share price rockets up. Currently trading where CRE is / $1.72

The following issues have been halted by CIRO

Company: Lithium Ionic Corp.

TSX-Venture Symbol: LTH

All Issues: Yes

Reason:Pending News

Halt Time (ET): 9:33 AM

[sheeplesleepers]

Follow up from Lithium Iconic.trading Halt: Trading @ $1.80 currently. News: 08:49 AM EDT, 10/19/2023 (MT Newswires) -- Lithium Ionic Corp. (LTH.V) reported Thursday the results of a preliminary economic assessment for the Bandeira project in Brazil. The study generated a posttax net present value of US$1.6 billion based on an 8% discount rate, with a 121% internal rate of return and a 14

[Wheeler]

What was their average price estimate for spodumene?

[sheeplesleepers]

This might help? Project Economics Post - Tax NPV8 $1.6 billion Post - Tax IRR 121% Pre - Tax NPV8 $2.3 billion Pre - Tax IRR 163% Annual Revenue – Average $337 million Annual Free Cash Flow $243 million Payback 14 months

[sheeplesleepers]

From their website. https://www.lithiumionic.com/news/lithium-ionic-announces-pea-and-expanded-mineral-resource-estimate-for-bandeira-post-tax-npv8-us16-billion--irr-of-121