CXO 9.52% 9.5¢ core lithium ltd

Banter and general comments, page-31595

  1. 6,435 Posts.
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    In 2019 we sold a royalty to a Canadian royalty streaming company for $8.1m. The royalty is for 2.1 to 2.5% depending on what stage we are at, and is for the life of the project. From memory we got most of the 8.1m upfront but a portion is payable at certain milestone which I think related to production. Worth a look at the announcements as 2.5% of gross revenue is significant.
 
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