CXO 5.49% 8.6¢ core lithium ltd

Ann: Quarterly Report and Production Guidance/Cashflow Report, page-199

  1. 21 Posts.
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    I reckon they still hiding something. If its going well the FY25 estimated production should not be less than FY24. Look at pls and other miners it does not make any sense. Maybe it’s something going wrong with the plant design thing. Normally teething should only take 6-9 mths and CXO has been struggling for 2 yrs end up with 49% recovery rates. Thats maybe why they so eager to explore BP33. They have spent 50m on BP33 for front set up and too many uncertainties in the future for BP33 as well. If the production goes stable and well at least should have an estimated figures for FY25. Strong feeling even the operation team does not know the answers this might be why they way so conservative.
 
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