CXO 4.17% 11.5¢ core lithium ltd

Everything appears to be on track. My musings BP33 Underground...

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  1. 74 Posts.
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    Everything appears to be on track. My musings
    • BP33 Underground mine management plan approval expected by end of CY22
    • Good to see commitments to ESG are being developed with further commitments in FY22/23
    • Fleet Space Techologies exploration due to continue in 2023 "Core also believes it has achieved a breakthrough in geophysical exploration for pegmatites, following a successful trial of Ambient Noise Tomography at BP33. Core is planning further work to target blind pegmatite bodies at the Finniss Lithium Project in 2023." Hopefully some of the IP in this method rests with CXO but it looks like Fleet Space Technologies holds patents over Ambient Noise Tomography.
    • I'd like to know what they're doing with the silver and uranium assets
    • Tax losses carried forward will slightly offset initial profits - not huge but every bit helps.
    • I had forgotten about the 2.115% royalty (increasing to 2.5% soon enough) payable to Lithium Royalty Corp. They good a great deal in retrospect!
 
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