Friday, March 10, 2017

Critical Elements Corporation - CRE.v

Critical Elements Corporation - CRE.v is advancing the flagship Rose Lithium-Tantalum project in Quebec.

A PEA on the project suggests an IRR of 25%, with an estimated Net Present Value (NPV) of CA$279 million at an 8% discount rate. The payback period is estimated at 4.1 years.

On February 13, 2017 the media released News

The Globe and Mail reports in its Saturday, Feb. 11, edition that Critical Elements (70 cents) wants to advance its Rose lithium-tantalum project through the feasibility stage. The Globe's Ted Dixon writes in the Who's Buying and Selling column that last June, Critical Elements tapped Helm AG for a credit facility of up to $4.5-million. Helm also gets an option to acquire up to 25-per-cent ownership in the project by paying for a portion of the mine construction. In November, Critical Elements hired Steffen Haber as its president. So far, Mr. Haber has spent $226,695 buying stock in the market even as the share price was rallying toward multiyear highs.

Outcropping Lemare pegmatite.