CXO 0.00% 11.0¢ core lithium ltd

Ann: A$100m Institutional Placement, page-196

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  1. 74 Posts.
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    I'd suggest they are running behind or think they'll be behind shortly. Why else would you need a night shift to stay on schedule? That said, deploying additional resource to catch up and then get in front is exactly the right thing to do. This turns a negative into a positive and whilst it comes at a cost ($6M) the loss that would be suffered in revenue delay and SP would surely be much greater.
 
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Mkt cap ! $235.7M
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11.5¢ 12.0¢ 11.0¢ $1.012M 8.964M

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52 4337519 11.0¢
 

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11.5¢ 1731488 24
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