CXO 2.22% 8.8¢ core lithium ltd

Ann: Finniss Mineral Resource Increased by 58%, page-39

  1. 169 Posts.
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    Having no current mining contractors and the ROM stockpile due to run out in June which will likely mean Primero finish up as well shortly after , won't Core be faced with more contractual penalties for under supply after June?Wont there be a need for a capital raise when/if mining recommences? There will need to be a sustained and significant increase in lithium prices to induce a restart to mining. I can't see mining restarting until next year personally, this is why I've got out of CXO whilst still being in front. Good news on the resource upgrade but I foresee further pain ahead for holders before gains occur in the future.
 
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8.8¢
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