CXO 12.5% 11.3¢ core lithium ltd

Ann: A$100m Underwritten Institutional Placement and A$20m SPP, page-24

  1. 755 Posts.
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    Apart from the CR was really badly managed, there is definitely reasons for the company to raise funds for its operation and further explorer. It is very odd to have this significant account in today's sentiment.
    Not many years ago, when SC6 was traded below 420 USD/T, I would image this is quite acceptable, but this..... hard to digest.
    Anyway, it is what it is, all miners cannot hype anymore, and it will not rocket to the moon, it will always come back to the earth.
    Hopefully, this will bottom it out. And again, it indicates to the hyped explores what the reality is.
 
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