CXO
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0.00% 9.1¢ core lithium ltd

Ann: A$100m Underwritten Institutional Placement and A$20m SPP, page-69

  1. trueman
    97 Posts.
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    16/08/23
    18:46
    Post #: 69378852
    notionally. Revenue is at 25% of what it’s supposed to be from mine underperformance and low processing g recovery.

    but cost are at greater then a 100% because of water, and the pit wall flattening issues (more waste mining = more cost).

    so maybe the operating margin was supposed to be +50%. But in reality it’s -50%. Just a guess without looking at the quarterly.
    CXO Price at posting: 54.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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