CXO 5.10% 9.3¢ core lithium ltd

Ann: A$100m Underwritten Institutional Placement and A$20m SPP, page-241

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    According to reports - they signed a binding timesheet.

    But the timesheet is dependent on the definitive product produce (dpp) but this was never agreed upon.

    So telsa will argue cxo needs to provide 110,000 but without the DPP - cxo can give them rocks at 110,000 tonne

    cxo will argue - we signed the timesheet but never the DPP therefore not binding as the timesheet is dictated by the dpp to give it substance (in this case the quality and quantity of the product to ship)

    just another negative news for cxo to deal with. But i think we should ban export to telsa in the future and give discount to telsa competitors just to show how we deal with bully like telsa.



 
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