Q: This company is not a producing lithium mine can you tell me if it has any distinctive advantages or near term catalysts over similar companies in the lithium space or any news about a partnership with a senior mining company.Held this now for 2 years should have sold now down about 15 % do you see anything on the horizon in the next 1–1.5 years to rationalize keeping it Thank
5i Research Answer:
CRE recently put out its investor presentation where the company identified its two remaining upcoming catalysts. CRE identified evaluating potential strategic partners to accelerate Rose into production in the nearest term. The next catalyst was aiming to achieve first production of spodumene at Rose in 2026. CRE also achieved a recent milestone, entering a mining lease with Quebec in mid-September for the Rose project with a granted period of 20 years. CRE appears to be focussed on getting the Rose project set up for production in 2026, but other than that there is no concrete news of a partnership other than a desire to.