CXO 5.67% 10.3¢ core lithium ltd

Ann: Early Works Update - BP33 Project, page-51

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    And you should know that net cash is a function of income less costs. You can't assume the costs are the same (last half versus next half) especially when the company has outlined what future costs (capex & opex) will be.
    There will be growth in cash balance moving forward. The question is: by how much? The forecast selling price x the sales volume will be the single biggest determinant of the future cash balance.
    Many investors (including me) believe there will be positive growth in cash balance based on the expectations put forward in the most recent quarterly report. Others may have a different view. It's all a matter of opinion.
 
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