CXO 7.14% 10.5¢ core lithium ltd

Ann: More Wide High-grade Lithium Intersections at BP33, page-95

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  1. 2,247 Posts.
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    @ Wenty

    All that you stated in your several blogs didn't sink-in well. You would assume or say whatever fits into CXO circumstances.

    In my view which I stated before in my couple of blogs before- CXO does not have enough lithium deposit to be commercially mined and produced. Cost- benefit analysis. Read CXO announcements and check of pegamatites maps using scale. Also check with mining production engineers and consultants.

    CXO better-off going back to basics i.e. base metals exploration ( copper, lead and zinc) in plenty of its exploration leases after spending millions of dollars on lithium.

    Look at ARE (copper deposit potentially of the size of Olympic Dam, South Australia) is the process of drilling after court approval in Sep 2018.

    ARE and CXO are both located in South Australia. Base metals has always been a great proposition for CXO.

    DYOR
 
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