CXO 4.35% 12.0¢ core lithium ltd

Ann: Gold Nuggets and High-Grades at New 1600m Bynoe Target, page-141

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  1. 3,576 Posts.
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    yeah sorry mate I don’t have an answer to that one. I think there’s quite a few variables there like what’s the asset worth? The IPO SP? The amount to be raised in the IPO and therefore the amount of shares issued?Would the new entity get 100% of the asset or will Cxo keep a piece? What consideration will Cxo get? etc

    All I know is the price tag of the asset(s) will be increasing now that we are sinking the drill bit into them


 
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