CXO 4.17% 11.5¢ core lithium ltd

The ore recovery percentage (~70% average but depends on input...

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  1. 74 Posts.
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    The ore recovery percentage (~70% average but depends on input grade) effects the total output but high 100's kt should be possible and quite profitable!
    https://hotcopper.com.au/data/attachments/4717/4717461-42d3e74369c5f7f82b9da1d84d3e6e69.jpg


    Bringing underground development forward is a smart move but I'd also like to see this matched by an increase in production throughput. CXO can only produce so much spod in a year and 80% of the current throughput is promised via off take agreements. Let's give the night shift some extra equipment to install and get the throughput up to 1.5x current to really take advantage of short term prices.
 
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