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10.5¢ core lithium ltd

Yes, invest in a Flotation system now. It will increase recovery...

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Cosmoterios

18,370 Posts.

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11/04/24

11:24

Post #: 73293116
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Originally posted by WhatsTheTip: ↑

Correct, Core has an extended pathway of deposits. All the expected ore and a little bit ore is still in Grants. BP33 takes Core in to the 2030's. During the mid and late 2020's all the development work for these additional ore bodies is done.

Core now knows the critical thing - there is a bigger resource there so if they do invest in Flotation to improve recoveries beyond what DMS only is delivering, its not a stranded asset in a few years time. Its still a decision that needs analysis and a lot of work before it can be implemented but with a larger known resource base, those decisions can be more economically made.

While I'd like it more if it was the Board or the new CEO making the statement below, at the moment I'll settle for a qualified Geologist's opinion.

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Yes, invest in a Flotation system now. It will increase recovery and bring down overall costs.

Got enough resource and will probably get bigger.

To stay in this game long term, it is important to be one of the lowest cost structure.

CXO Price at posting: 16.5¢ Sentiment: Hold Disclosure: Held
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