CXO 0.00% 10.0¢ core lithium ltd

Banter and general comments, page-3752

  1. 5,933 Posts.
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    I love how holders like you seem to think that just because someone doesn't have a position in a company (long or short) that their opinion is irrelevant. In fact, a person like me who doesn't have a position is unbiased and therefore can see things without the confirmation bias that a holder like you has - you only ever post on CXO so you're clearly wedded to the company.

    The company says that it has enough money for Stage 1, but how much excess cash does it currently have to spend on things like marketing? The company in its CR made no mention of marketing in the use of the money raised. I saw these ads on HotCopper, which isn't really relevant to the hiring of staff. I'm also the furthest thing possible from being a candidate for a job at a mining company. The ads link straight through to a corporate video. It looks to me like they're trying to advertise the company to the investment community. I don't think that's a good spend of money. If a company is any good, it sells itself, it doesn't need to resort to this strategy.

    I only raise this because I keep coming across their ads, which is generally a red flag for a company that is early stage as it means they're more focused on the short-term share price.
 
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