CXO 6.67% 9.8¢ core lithium ltd

Ann: Maiden Sandras Mineral Resource Grows Finniss to 6.3Mt, page-65

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  1. 247 Posts.
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    I agree, I did a quick comparison between us and TAW the other week (I don't own them btw), they are ball park with SOI, have an approx 26mt resource at about same grade (can't recall their recoveries), and they are 50/50 JV from memory valued in the high 20's. We should be cheaper in production due to the logistical advantages we have, and if we can keep the dilution to a minimum and continue to increase the resource, given that we 100% own our resource, we could be looking at around double what TAW is, which would put us in the 50c range (all going to plan of course).
    Last edited by tacair: 01/12/18
 
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