Critical Elements Lithium Corp V.CRE

Australian Way to Raise Money & Build a Mine

[tiger2201]

https://www.mining.com/web/liontown-secures-713-million-for-kathleen-valley-lithium-project/

tiger

[Longalways]

I am sure that If we had same deal with CRE that we will read here OMG what incompetent management we have they use DILUTION in a financing deal. JMHO

[monkeyhere171]

And why we wouldn't fret about such a deal after waiting for 1 year? 50% discount to the market price could have been done right after permit, when Lithium was hot, stock close to $3 and construction cost lower at that time. Now at $1.6 share price ... they will need to issue 300M shares probably to raise half of the capital needed. Debt now is much more expensive compared to a year ago and

[Wheeler]

Liontown topped out at 3 bucks after they made ALBs hostile bid public, prior to that they were sitting at 1.40-1.50 So their equity raise at 1.80 is actually a premium to their SP 5-6 months ago.

[Rinny1]

Liontown Also has 2.2 billion shares ! 6.2 billion market cap 1.90$ a share  CRE I take a market cap of 6 billion!! yes please!!!

[Goodtoreadthis1]

The Liontown financing was odd even for Australia. When I first started investing in Aussie stocks it was 1967 and it was hard to get my head around companies having billions of shares and share prices at a dollar or less. My first purchase was an odd named co called Broken Hill Proprietary (BHP) which is now the world's largest mining company. It is rare for an Aussie co to give their