CXO 0.00% 9.1¢ core lithium ltd

Ann: Trading Halt, page-136

  1. 2,171 Posts.
    lightbulb Created with Sketch. 3765
    We will be well under 2.5 million if that's the case. We had 4 million a while ago when last reported but as Seaemay and others have pointed out, that was a long time ago and we have enough operating capital to keep the office and general operations ticking over for a while but probably not enough to settle the bill without having to pay out LTR first.

    The good news is if we are doing that, the upgrade will be quite decent I imagine. So while it sucks to have to break open the piggy bank again, it might be fair to assume that this is the last time we have to do this as once we declare the resource, we are able to settle the bill with LTR and immediately sign off on a offtake agreement.

    Bases are well and truely loaded here folks.
 
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