CXO 2.08% 11.8¢ core lithium ltd

Ann: Becoming a substantial holder, page-40

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  1. 13,525 Posts.
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    Maybe you could give us your thoughts on our CEO’s performance to date, and how he has looked after shareholders.

    As a holder who is happy to go from quarter to quarter with any material updates in between I have absolutely no problem with the CEO , it's a quiet time on the news front but news often comes in runs.
    For me untill you hear otherwise the ramp up is just continuing going on more or less as one would expect. Exploration is going on and planning for potential expansion as well.

    if you got a regular update on the ramp up it could be very confusing, ramp ups have issues that can have variations in throughput month to month and it's probably why we are not being updated. Skittish shareholders don't react well when they don't understand that the ramp up process does not necessarily flow smoothly yet still be on track.

    Would continuous updates, largely fluff unless something of substance, make a difference to the shareprice, I have no idea and will never know but our updates to date which have been positive have done nothing. There is a diffence between a short term kneejerk reaction which flames out and something that has some substance and may have some staying power , IMO sentiment in the sector will be the biggest driver along with evidence of profitability..one is currently weak and the other is a quarter or two away.

    Cheers Whisky
    Last edited by Whisky49: 22/07/23
 
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