CXO 13.6% 10.0¢ core lithium ltd

Ann: Positive Assay Results from Lees-Booths Link and Hang Gong, page-11

  1. 2,407 Posts.
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    I think some here are missing why this is such a great announcement.

    Yes, deep, not much of it, mediocre grades.

    But, it’s a proof of concept huge success. Our geologists were only working on hypotheses / their methodologies 2 months ago. And they’ve been a success.

    Now we can apply that to the rest of the 1km strike length there, as well as now having a much better clue as to where we’ll hit the good stuff, across our 100+ tenements.

    That means less drilling dollars, and a far greater chance of success.

    That’s my read anyway.

    I don’t give a monkeys about the short term share price, especially at this time of year where there’s often a widespread sell off anyway, across the asx.

    This is a long term certainty.
    Last edited by mrplough: 20/12/18
 
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