CRR 8.33% 1.3¢ critical resources limited

Possible $1Billion valuation on this CRR?

  1. 11,248 Posts.
    lightbulb Created with Sketch. 1373
    I was scoping around during the weekend & I was looking into "Frontier Lithium’s" grade deposits which are mind billowingly huge.

    I was quite surprised as I was looking at possible JV's or any leads to do with Sayona Mining as I've been favorable towards Canada. Now going off CRR's recent additions & quite frankly it's tenements are surrounding the "Pak & Spark" deposits, this tiny Valuation can explode hard & fast.

    As I've read CRR have other projects that include copper & zinc. However, subtracting the projects & if CRR remotely strikes anything that resembles "These deposits" then this company can match up Frontier Lithium's Valuation at $645.20 million CAD

    Putting all project together including the Zinc & Copper could land this one at 1B...

    123m divide into 1B would be approximately 8.1 undiluted x 8.3 = $0.67 cents.

    https://hotcopper.com.au/data/attachments/4273/4273285-232724c392efd4cfa9294e2099619a9c.jpg
    https://hotcopper.com.au/data/attachments/4273/4273288-5ff4ad79823512d822c7fe79eb3f4fb5.jpg
    https://hotcopper.com.au/data/attachments/4273/4273290-d8a584ff094a58f73caf313ba81a0f00.jpg
    https://hotcopper.com.au/data/attachments/4273/4273291-691c2ce9df8fd8f824b4bf65f98ce5d7.jpg



    As I've highlighted the figures above with the pics, it show how significant these grades are. So I'll be looking for an "entry point" as it's looks like the bottom is in & the Trend is on the "upswing" 12m placement seems to be washed out & the movement can begin..

    I haven't even started on the other projects such as "Mavis Lake" however what comes to mind is that the director on 1MC is with this company which are tightly knitted to Sayona Mining.



    https://hotcopper.com.au/data/attachments/4273/4273306-f101ba2d0d9abfb92676e2c4d0e1445e.jpg

 
watchlist Created with Sketch. Add CRR (ASX) to my watchlist
(20min delay)
Last
1.3¢
Change
0.001(8.33%)
Mkt cap ! $23.11M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $26.91K 2.227M

Buyers (Bids)

No. Vol. Price($)
1 83333 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 1103132 10
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
1.2¢
  Change
0.001 ( 9.09 %)
Open High Low Volume
1.2¢ 1.3¢ 1.2¢ 1168879
Last updated 15.56pm 10/05/2024 ?
CRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.