CXO 10.0% 11.0¢ core lithium ltd

Ann: Core Lithium Half-year Report, page-56

  1. 5,370 Posts.
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    Lithium is virtually worthless, as costs are too high to mine.
    Their spending is unbelievably high, chomping through multi-millions of dollars
    with nothing to show the big spend.

    Did absolutely nothing last quarter besides sacking people and the money followed
    them out the door.

    How could they justify a credit raising in their circumstances, be like starting all over again,
    as a penny dreadful on tenements that they ignored from day one of obtaining.
    Share price would be about three cents with luck.

    A MIRICLE IS THE ONLY THING THAT WILL SAVE CXO.
 
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