CXO 0.00% 10.0¢ core lithium ltd

Banter and general comments, page-36359

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    The $20m prepayment didn't appear to occur (well at least in that form). Core's first $10m+ inflow from the quarterlies was a $40.5m equity raise in Mar2021 so Core didn't receive a $20m chunk of cash that then required repaying when in production.

    Core did have a prepayment in 2023 yahua, but this was a short-term arrangement around working capital not the sort of prepayment deal that would be necessary to finance getting into production. The combination show that Yahua is prepared to explore more innovative options to assist the miners they partner with.
    Last edited by WhatsTheTip: 28/01/24
 
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