CXO 16.0% 10.5¢ core lithium ltd

Ann: Finniss Mineral Resource Increased by 58%, page-97

  1. 2,656 Posts.
    lightbulb Created with Sketch. 5645
    With how far advanced the waste removal is, blitzing the mining of Grants and having a massive ROM is into the financially and operationally possible options. It would however require taking the ROM to well past 1mt and if any blending from ROM is being done, would make that difficult because the entire ROM pad would be stacked full to overflowing.

    If clearing Grants of open pit ore is in the $30-$40m cost range, its something Core could afford. It would take cash down to lower levels, but for perhaps another two years, ore could be processed that has no cash mining cost. This would enable rebuild of cash or that cash to be reapplied to other project capital costs. This blitz option would have been more likely if Lucas wasn't removing gear.
 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
-0.020(16.0%)
Mkt cap ! $224.3M
Open High Low Value Volume
12.0¢ 12.5¢ 10.5¢ $3.542M 31.38M

Buyers (Bids)

No. Vol. Price($)
54 2955623 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 2160605 9
View Market Depth
Last trade - 16.10pm 06/06/2024 (20 minute delay) ?
Last
10.5¢
  Change
-0.020 ( 14.9 %)
Open High Low Volume
12.3¢ 12.3¢ 10.5¢ 17137999
Last updated 16.00pm 06/06/2024 ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.