CXO 4.17% 11.5¢ core lithium ltd

haha. well done @wenty.My take outs:-New Director?-FID next qtr....

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  1. 2,979 Posts.
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    haha. well done @wenty.

    My take outs:

    -New Director?
    -FID next qtr. Cannot remember seeing that before.
    -Lees Booths will not be in DFS (too late?) but Carlton and BP33 will be.
    -Potential extensions to Life of Project expected from substantial increases in Project Mineral Resources
    - Yahua to be repaid through the supply of future concentrate.
    Core and Ruifu are currently negotiating terms toward binding agreements - so it's still ON. whew.
    - Drilling results over coming weeks and months leading to multiple Mineral Resource increases and upgrades
    - Future downstream processing of CXO spodumene to LiOH. How much are they expecting to find to justify a $250m investment. Confidence!!
    Interesting? Finance? Also NAIF has funded PLS.

    Northern Territory Government Critical Minerals Plan

    The Northern Territory Government has a number of support mechanisms to grow private sector investment in critical minerals and lithium projects and create jobs including:
    $26 million Resourcing the Territory Initiative- Provide pre-competitive geoscience, investment attraction and exploration stimulus programs.
    $89 million Local Jobs Fund- Co-investment fund to accelerate significant projects through loan guarantees, business investment confessional loans, equity co-investment and grants.
    Industrial land- Middle Arm Industrial Precinct for the processing, refining and manufacturing industry


    Again. I love the croc on the last page. He is from the BP33 pit. 

    Last edited by Brumbie: 20/02/19
 
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