CXO 5.00% 10.5¢ core lithium ltd

I could be wrong but that's not my read of it, the $50m of early...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,026 Posts.
    lightbulb Created with Sketch. 39
    I could be wrong but that's not my read of it, the $50m of early site works is already spent or partly spent, the CR is presumably in conjunction with the subsequent approval of the BP33 project and additional funds needed to bring forward production.

    "A final investment decision is due for BP33 in the first quarter of CY 2024, following completion of the early works program and feasibility study. "

    So the early works program is done, production approval decision made, and here's the CR to get it underway.
 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
0.005(5.00%)
Mkt cap ! $225.0M
Open High Low Value Volume
10.5¢ 10.8¢ 10.0¢ $530.2K 5.073M

Buyers (Bids)

No. Vol. Price($)
214 14378761 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 854495 13
View Market Depth
Last trade - 16.10pm 12/11/2024 (20 minute delay) ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.