CXO 5.00% 10.5¢ core lithium ltd

Banter and general comments, page-30898

  1. 502 Posts.
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    I don’t think they knew anything more then market or that the company was deliberately helping the shorters. it was well known that the water in pit had slowed mining. GOLDMAN SUCkS Open their short postion before there would have been a lot of info on production anyways. I think they just playing the odds that combined with water in the pit it was unlikely that we’d hit proposed figures, mean while everyone on here (myself included ) is forecasting out on perfect production numbers. I was using 170 tonne as a low line. Open to prospect of more but was a distant thought in my head. If you look at reality, how many mining start ups hit there DFS numbers in first 12 months? How many lithium start ups hit the numbers first 12 months? If you look at that then it’s just playing the odds. We just want to believe. Still believe in lithium, just from now on I’m adding 12 months and halving all figures on my calculations of fair value for ore production.
 
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