CXO 6.59% 9.7¢ core lithium ltd

Ann: Finniss Mineral Resource Increased by 58%, page-33

  1. 2,797 Posts.
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    Correct, Core has an extended pathway of deposits. All the expected ore and a little bit ore is still in Grants. BP33 takes Core in to the 2030's. During the mid and late 2020's all the development work for these additional ore bodies is done.

    Core now knows the critical thing - there is a bigger resource there so if they do invest in Flotation to improve recoveries beyond what DMS only is delivering, its not a stranded asset in a few years time. Its still a decision that needs analysis and a lot of work before it can be implemented but with a larger known resource base, those decisions can be more economically made.

    While I'd like it more if it was the Board or the new CEO making the statement below, at the moment I'll settle for a qualified Geologist's opinion.

    https://hotcopper.com.au/data/attachments/6094/6094691-16cf6d2a36d9c72f2e9a21ad4b5335da.jpg
 
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