CXO 4.17% 11.5¢ core lithium ltd

Ann: A$100m Institutional Placement, page-136

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  1. 56 Posts.
    lightbulb Created with Sketch. 11
    G'day, why dilute when we have 90 mil on hand now?

    first, it's 95 mil to bring Finnish to be production ready.

    I read the details of the announcement as, we want to bring online as much production as possible in the next 2 years while lith prices through roof.

    accelerate DMS plant build
    Accelerate resource exploration

    this slide explains all. I was concerned too, but it makes sense to make the most of lith prices while you can. Hay, sun ,shine, sell!

    https://hotcopper.com.au/data/attachments/4717/4717522-57ce2363c2d8f33b8363a74d46bbc4fe.jpg


    presentation
 
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