CXO 7.07% 8.6¢ core lithium ltd

Ann: Significant Increase to Finniss Resources and Reserves, page-4

  1. 209 Posts.
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    Mineral Resource Estimate increased by 28% to 18.9Mt @ 1.32% Li2O
    • Measured and Indicated Mineral Resource increased by 61% to13.3Mt @ 1.40% Li2O
    • Finniss Lithium Project Ore Reserve increased by 43% to 10.6Mt @ 1.3% Li2O
    • Finniss Life of Mine (LOM) extended to 12 years
    • Core’s current 2022 drilling campaign expected to result in further significant increases in Mineral Resources and Ore Reserves at Finniss

    12 years is a long time. Will be interesting to see how the market reacts with 130 million units shorted
    Last edited by Smouldering: 12/07/22
 
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