I agree, need lots more ore. There is always "other options" to solve a problem. Maybe an "out of the box" thinking one is to change your business model?
Say from a "Like Everyone Else Model" (where from own tenements - find, mine, concentrate, convert and sell) to a "Build and They Will Come Model"?
For example, we have neighbours actively exploring their own tenements. One neighbour is also exploring in middle of WA (Lake Johnson ??) and another in Pilbara or south of Kalgoorlie (not sure), if they find the pot of gold at all three, good luck, well done. But Murphy's Law will say that one will be better than the others. If, one of the others is next door, then what can they do? They can:
- prove up resource, and sell - to Core?, or
- prove up and decide to mine - can Core help with that @ fee?,or
- prove up, mine themselves, and look for concentrator?, can Core help with that @ fee?, or
- prove up, mine and concentrate themselves, and look for a converter?, can Core help with that @ fee?, or
- prove up and, can Core help with designing, mining, concentrating, converting, selling @ fee?, if they wish to hold and earn monies to fund their other finds?
- or a JV?, or .....
The opportunities for Core are there, to increase ore volume when the ore does not belong to Core, and maybe make something economically unviable or borderline into something more viable, ie duplicate DMS or bigger LiOH plant or prepare for 2nd train of LiOH. Just like drilling for ore is some risk will not find, duplicating or building with the intent to include others, it is a gamble. That's mining. When you have a compliant shareholdings (feed me dividends and I will say YES to anything), anything is possible.
So yes, are issues, but as the saying goes "More than one way to go from A to B".
- Forums
- ASX - By Stock
- CXO
- Banter and general comments
Banter and general comments, page-16705
-
- There are more pages in this discussion • 22,436 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXO (ASX) to my watchlist
|
|||||
Last
9.5¢ |
Change
-0.001(1.04%) |
Mkt cap ! $205.1M |
Open | High | Low | Value | Volume |
9.5¢ | 9.6¢ | 9.4¢ | $515.3K | 5.437M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 565992 | 9.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 109295 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 565992 | 0.094 |
23 | 1739301 | 0.093 |
25 | 1867573 | 0.092 |
38 | 3131449 | 0.091 |
76 | 5208396 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 109295 | 4 |
0.096 | 389427 | 4 |
0.097 | 483766 | 5 |
0.098 | 612348 | 4 |
0.099 | 1000000 | 3 |
Last trade - 10.52am 29/08/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online