Ann: Placement to Yahua to Advance Finniss Lithium Project, page-45

This is by far the best possible outcome from all the scenarios discussed over the past few days.

Well done to anyone who bought the lows. IMO, it was always gonna head back to it's 6-8c trading range as mentioned in my previous post.



Finally a major shareholder on board at 6c. This will put a floor under the SP. I notice they've added a clause to the agreement preventing Ya Hua from acquiring additional securities in CXO for at least 12 months without prior written consent from Core. Is this to avoid a possible hostile T/O perhaps??? Nice work by CXO IMO.

"A starter DSO open pit mining operation proposed from the Grants deposit". Starter being the operative word here folks. Shows confidence from both CXO and Ya Hua that there's more Lithium out there.

CXO are shaping up to be the goods here. Very attractive investment proposition if you can ride out the short term volatility. Anything around 6c now is a good entry.

Imagine the feeding frenzy should they find another commercial deposit at Ringwood!!!