CXO 7.14% 10.5¢ core lithium ltd

Ann: More Wide High-grade Lithium Intersections at BP33, page-94

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  1. 3,577 Posts.
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    G’day Esteban.

    I was reading LITs latest qtrly.

    https://www.asx.com.au/asxpdf/20180731/pdf/43wz91yyyhfcg0.pdf

    When you look at their tenement list you will see their Bynoe tenement is ELA (exploration licence application). It was also ELA in the April qtrly. In the January qtry it was EL, with a seperate column saying Granted.

    So it would seem to me LIT has had to renew/re-apply for the EL after holding it for two years.

    Given all the goings on with LIT, I’m sure they wouldn’t do anything with the licence if it was granted to them again. But if CXO got it I reckon we would sink the drill bit into it immediately.

    That ground would be very good for CXO

    IMO
 
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