CXO 2.08% 9.4¢ core lithium ltd

Ann: Quarterly Report and Production Guidance/Cashflow Report, page-5

  1. 279 Posts.
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    Lower recoveries is going to be the focal point of this announcement.

    Higher fines than expected, looking to turn that into a product for sale is an ok move.

    Actions to improve recoveries is good, as stated lower than anticipated recoveries in ramp up period is to be expeced.

    But 150m and no debt is good. BP33 set to be the star of the show, Grants the gateway to ge the company moving.

    They have a way to go yet. Further proof that getting a lithium mine up and ready is a tough business. Core are active at the very least with cash in the bank.
 
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