CXO 13.6% 10.0¢ core lithium ltd

Ann: Diggers and Dealers Presentation, page-42

  1. 3,570 Posts.
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    Great post tacair.

    i too feel exciting times are ahead. Hopefully some drilling results this week.

    looking at Asian metals it seems prices for cathode materials have increased over the last month or two (albeit very small increases). But if it continues then you would think lithium prices might follow.

    I think a potential great advantage for us is the fact that Tesla, CATL and LG are looking to set up battery raw material factories in Indonesia. you would have to think we would be the closest deposit to Central Sulawesi? I believe we are easily less than half the distance than what the port of shanghai is, and about 600km to700km closer than port headland (as the crow flies). Cxo could be quite strategically placed. Management said that the Koreans had been on site a year or two ago..what if it was LG?

    hopefully we are in contact with these co’s and are letting them know that a high quality, low impurity product ideal for hydroxide is close and currently has some uncontracted capacity.

    IMO

    GLTAH
 
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