Ann: New High-grade Lithium Drill Results within 20km of Grants, page-111

Some people need to learn to read!!.
The update does mention restart of mining but retains the same message as previously - rapidly when conditions are right and for minimal capital.

What Core obviously doesn't know is when the right market conditions would exist so they can't put an exact timeframe on when any restart would occur. The Grants reserve was scaled down through the assumption of higher operating costs and lower market prices so only a smaller portion was economic (at inefficient operating costs and low prices). The restart study is expected to lower operating costs and look for improved market conditions to restart. When that improved combination of a higher market price is applied and lower operating costs are applied, the Grants reserve increases in size.

Its unclear if it will increase back to 0.8Mt, 1Mt, 1.2Mt or 1.5Mt but it will mean Grants may be back nearer one to one and a half years of production in the restart scenario providing additional time to get BP33 operational and cleanly transitioning as the source of ore. The restart can be rapid and for minimal capital (Core's words, not mine). If the restart occurs in a period of good prices, some of the funding for the presumed back-end flotation plant decision will come from Grants ore sales. If prices have recovered well, one of the strategic funding options that may be available is a agreeing a fixed pre-pay price for a specified volume of spod so even if cash is low at restart, non-capital raise options may exist.


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