CXO 5.00% 10.5¢ core lithium ltd

Yes I am on the call and the overarching message for me is that...

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  1. 1,565 Posts.
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    Yes I am on the call and the overarching message for me is that this is a long term hold

    • Some challenges as all new mines encounter
    • Producing $$ to help fund BP33 towards a FID
    • We are only aggregate 14 weeks into mining operations and costs/profitability will become clearer over time. Feasibility study numbers were a best guess at the time of release.
    • There is strong demand from customer enquires for the products
    • Fines sales to compliment revenue whilst grades are not what they expected.
    • BP33 underground (If signed off as commercially viable) will improve the production rates during the wet seasons

    Overall, this is a reality check that we are still early days and there is a lot of work to be done, but looking with a longer term lens its evident that they have a plan and I feel we are in good hands.
 
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