CXO 4.00% 12.0¢ core lithium ltd

Ann: Core Lithium Secures First European Offtake, page-28

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  1. 18 Posts.
    lightbulb Created with Sketch. 5
    Wow. they really screwed up with this one.

    Looks very suss.
    The way it reads, they were expecting a binding agreement (hence why a halt was called), and ended up losing the negotiations.
    Clearly visible in the way it reads "discussions and negotiations culminate in".
    Looks like they were backed into a corner after calling a halt, and needed to agree to whatever was placed in front of them in order to make an announcement and justify the C.R.

    The raise was obviously their ultimate plan all along.
    CXO - the king of asking for more.



 
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