CXO 4.30% 9.7¢ core lithium ltd

Banter and general comments, page-5648

  1. 2,865 Posts.
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    While the CXO announcement didn't put a price on it, the NHW side of the announcement did. Contract variations may alter the price but it should remain around $40m.

    https://hotcopper.com.au/data/attachments/3820/3820515-a70d195a599e290a39a81a12a05fde96.jpg
    The Annual Report covered the period July 2020 to June 2021. This means the commentary in annual reports typically covers the period through to 30 June 2021. The September 2021 quarterly is a better reflection of where things had progressed through to.
    https://hotcopper.com.au/data/attachments/3820/3820600-b5f160553fb73fa906d7f0a8780a9f6e.jpg
    https://hotcopper.com.au/data/attachments/3820/3820635-2f0bc18fbbbf85e4404105bf0264c420.jpg

    And if drilling successfully identifies sufficient additional resource, increasing processing capacity is basically signing a duplicate of this contract and max capacity increases from 197,000 to 394,000tpa. 350ktpa appears in reports as its double of the 175ktpa life of mine figure.
 
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