CXO 6.67% 9.8¢ core lithium ltd

Ann: $6m Modern Manufacturing Initiative Grant, page-31

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  1. 2,171 Posts.
    lightbulb Created with Sketch. 3765
    There was a Hydroxide plant built in WA for a quarter billion I think from memory? But it's capacity is significantly more than what were planning on mining per year and if we were to lock in spod for say 1000 USD a ton for 3 years we could afford to build our own one within 3 years, assuming of course that the Feds didn't approve us for a NAIF loan of half just to get us moving faster. They clearly want us to go down this avenue with the 6 million dollar grant for a test plant.

    If that did happen, we could see a plant online before our first round of contracts expired and could double to triple our already extremely generous profit margins.

    God damn today has been a good day!
 
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