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Bullboard - Stock Discussion Forum Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corporation is a Canada-based lithium exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property... see more

TSXV:CRE - Post Discussion

Critical Elements Lithium Corp > Detailed engineering
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Post by tinker901 on Nov 03, 2023 9:15am

Detailed engineering

In the last interview with Eric Zaunscherb he specifically said ( at the 2.00 minute mark ) the detailed engineering had to be 60 to 65% complete before doing a final investment decision.

Unless I missed it, we did not get a NR or other feedback on the engineering progress.

I think we should contact management to see what is going on with engineering ???

The other items for the so called "Final Investment Decision" are the long lead equipment like the transformers that have been ordered already and of course the long awaited "financing package".

He does mention that there will be no tree cutting  before that decision.

So now I am waiting for two NR's. The engineering advancement and the financing package.

The tree cutting is not relevant.
Comment by m73hx454 on Nov 03, 2023 1:11pm
*phone ringing* Tesla: "Hi, this is Tesla, we would like to do a deal now" CRE: "Sorry, detailed engineering is not ready yet, maybe try to call again later?" My sense is that this is not what is happening here ;-)
Comment by monkeyhere171 on Nov 03, 2023 2:08pm
Am going to again promote Haber's interview from last year fo all to listen. Links were posted here and I reposted them recently. He said they were looking to finance Rose only and with profits from Rose to advance other potential deposits. So probably no one wanted to finance Rose only due to smaller deposit and they wanted piece of the entire company to which JSL said no..?? We will never ...more  
Comment by userli123 on Nov 03, 2023 2:31pm
why should he be in a hurry? so you get rich quick? oh i forgot you don´t even own any cre stock anymore. why you even bother? they are very experienced management...in the busines for a decade. let them handle it. don´t try to rush it.
Comment by cawboye on Nov 03, 2023 4:04pm
Dear useri123 I hope your comment was tongue & cheek, cause otherwise I would lay off the Kool-aid, I have been here since 2009 First Gold Days and this is the most useless mangement team I have ever come across I could give you plethora of examples but I don`t think that should be required....I have made my money on CRE and am sitting with lots and lots of shares still waiting on the Golden ...more