CXO 4.21% 9.1¢ core lithium ltd

News: CXO Primero Group Increases Forecast FY19 Revenue To Approximately $150M, page-3

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    From the Primero operational update:


    Core Lithium (ASX:CXO): After receiving preferred EPC contractor status early this year, Primero has worked closely with the Core team on the development of their Finniss Project near Darwin. Furthering Primero’s partnering contract model, the preferred contractor status has now been extended to include conditional award of Primero’s first Build Own Operate (BOO) contract for the crushing and screening circuit, the Engineering Procurement & Construction (EPC) and the complete operations and maintenance (O&M) for the processing facility. The combined value for these contracts is circa $100M, with the opportunity for extension after the initial 4-year term. Primero continues to work closely with Core Lithium through their funding process, providing further support for the project.
    Last edited by tacair: 23/07/19
 
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