CXO 1.55% 9.6¢ core lithium ltd

Ann: Quarterly Activities and Cashflow Report 30 September 2016-CXO.AX, page-2

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    The quarterly mentions a current cash position of $10m and an oversubscribed SPP raising between $3m - $9m.

    Does a $10m position suggest a scaleback to $3m?

    Anyway, clearly heavily oversubscribed!
 
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