While they still have cash and are actively exploring, this doesn't read well:
"The Group generated revenue ... of $189.5 million from sale of multiple spodumene concentrate and lithiumfines shipments.
The Group incurred a net loss after tax of $207.0 million,including non-cash impairment of $119.6 million and onerous contractprovision of $25.2 million."
So stopping operations cost at least $145 mill in the Profit and Loss in the year : (
I don't think good exploration results will swing it, going to have to hold tight for the Lithium price recovery. That may well be 2-3 years away, per other pundits.
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Ann: Core Lithium 2024 Annual Report to Shareholders, page-17
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9.3¢ |
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Mkt cap ! $199.3M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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2 | 169766 | 9.2¢ |
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No. | Vol. | Price($) |
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11 | 1780748 | 0.091 |
14 | 1834638 | 0.090 |
9 | 846088 | 0.089 |
12 | 2947225 | 0.088 |
Price($) | Vol. | No. |
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0.093 | 364991 | 5 |
0.094 | 346433 | 7 |
0.095 | 800841 | 14 |
0.096 | 1822720 | 21 |
0.097 | 1282158 | 12 |
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