CXO 9.52% 9.5¢ core lithium ltd

Ann: Finniss Mineral Resource Increased by 58%, page-98

  1. 120 Posts.
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    If they had more ROM space at the time, and if the spod price didn't crash below US$900, they probably would have got Lucas to stay on to mine out Grants. I think they panicked when they became cash negative. By stopping mining and continue processing and shipping spod, does generate more cash. Hopefully by mid year, we will have a healthy cash position. As to when we restart and how (blitz or go slow), I like your suggestion of blitzing it. They can still do it second half of this year. Can you please email your recommendations to management?
    Last edited by AL828: 13/04/24
 
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