Critical Elements Lithium Corp V.CRE

Valuation

[bigops]

Lots of reasons to be unhappy......lots of good negative talking points.....wish we had all just bought Apple 8 years ago....etc etc etc


Something to consider:  We are being valued at approx $140,000,000 in the market. We have approx $20m in cash -- so Rose and our entire land package is being valued at $120,000,000.

Rose itself is 60,000 acres -- that is $2,000/acre if you were to buy the raw land assuming you wanted to simply own land in Northern Quebec.

I am no expert in land in that region...but I bet that $2k/acre is basically what land trades for, may even be on the cheap side.

All that to say -- even if you are pessimistic about timing, it is beginning to look like we are being valued as though there is no Li on the property, as though we have no permits, as though there has been no value add to the land -- and definitly being valued as though no project will ever be built there.

I will put a stake in the ground and say that we could go down another 10% from here to approx 0.58....but I would also say that from here, whoever buys and builds a position should do exceptionally well.

Quite frankly -- I do NOT want them to secure a deal right now in this depressed market and super bearish sentiment time....I'd rather they announce something once sentiment has turned...

Anyways -- the above is just another way to look at what we own....aside from the usual super bears who for some reason keep posting how terrible this is (so why are you owners???)....I am interested in how you see the situation going forward.  Another thought experiment -- if you did not own any CRE or Li positions -- would you be a buyer now in this depressed environment?   Honestly - reminds me of when I was buying Oil stocks in the early pandemic days when Oil hit $0/barrel and below....

[110158]

I understand your point of view very well. But at this point, at each level that we went down from the peak of $3.03 there was someone to write, at this level it's a deal, you can't go wrong. However, we are now at $0.66 so what was a $2, $1.5, $1 deal is less and less so. At the rate things are going, $0.50 may soon not be a deal either. Many have lowered their cost, or have accumulated

[bigops]

True...but I never wrote that we are trading at "deal levels" until now.....all resource companies - specially those not producing - go through cycles of valuation. The cycles go from way undervalued to way overvalued and everything in between.....from my perspective we are at or very very close to way undervalued -- based on easy to understand metrics - ie: land value...and our land has

[110158]

The word was,,,,,someone Never wrote....you 

[Dareg]

So, if we sit on this for a while, what happens if elections give us and the U.S. an administraion that does not push the EV agenda? Biden already seems to have moved on .  What is the cost of lost opportunity , as our dollars are locked into this wilting flower ? You could be putting money into uranium , gold , silver, AI, etc.  And why did all the research houses and brokerages keep