CXO 2.35% 8.3¢ core lithium ltd

1 month after Zola & Ringwood Approvals, page-29

  1. 9,253 Posts.
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    GG, I think you are a pessimist that just wants in cheaper.

    Grants alone won't make the company but it sets the standard of what is to come in terms of the quality of our tenements. Even at 1.8Mt, there could be DSO potential if metallurgy comes up trumps. There are many options to getting this ore to market and buyers are willing to pay a premium for quality ore and happy to help with the expenditure of extracting it.

    So, I disagree that it lacks significance and that Zola is the only thing that will move us.

    Both the Bynoe survey results and Grants metallurgy are BIG ANNOUNCEMENTS that could see major re-rates prior to Zola drilling.

    I could be wrong, but look at TAW which increased 57% to date on amazing metallurgy. Look at KDR, which retreated at least 10 cents or 20% on hazy metallurgy results.

    Metallurgy is significant whether you like it or not. Next week we know if our ground is profitable or full of contaminants.
 
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