CXO 10.0% 11.0¢ core lithium ltd

roxby ground next to olympic dam map, page-9

  1. 11,511 Posts.
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    Heraclitus, MEP sold their ground to BHP for $10M in April 2012,AXE got $8M for their blocks the same month again from BHP and TAS managed to pick up $8M in their JV with RIO.I realize that is almost two years ago but the new Geoscience data obviously is generating interest in the area again.Even if CXO only picked up $3M or $4M in a JV or sale(equal to or more than current MC) it would set them up in a well funded position to focus on their shallow VMS prospective ground in the NT around Blueys and Virgina where high grade assays for silver,zinc and copper would be very attractive to the market and importantly likely at shallow depths.
 
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10.5¢ 11.5¢ 10.0¢ $3.029M 27.71M

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