CXO 3.19% 9.1¢ core lithium ltd

Ann: Pause in Trading, page-88

  1. 2,171 Posts.
    lightbulb Created with Sketch. 3765
    Ok so it is a CR.

    Yet looking at the books the other day in the Annual Report, it's obvious that we're not low on cash in any way and with the boats scheduled to be leaving soon, the cashflow is going to be turning on very shortly. So it's not like this is for operational funds or getting the mine online because the coffers are empty or anything.

    I can only wonder if this is us sealing the deal with Tesla for a Hydroxide factory?

    If the Ganfeng declined the offer (and it would make sense as they would be effectively loading the gun to be used on them) it would explain why they took the money and ran.

    Also there was a media release recently about a Taiwanese firm doing a MOU with Aleees and Avenira to build and operate the Territory's first battery cathode manufacturing plant.

    Could it be that there is a bit of a race going on here??? Would explain why they are suddenly putting on a night shift to scale up the plant commissioning?
    Last edited by Kiwisfly9: 30/09/22
 
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