CXO

0.00%

10.0¢ core lithium ltd

Maybe my wording of down the road was miss interpreted, I should...

First 22271 Last

Share
Profile

Follow
Stu360

1,331 Posts.

2796

10/02/23

14:38

Post #: 66182081
Share

Originally posted by mrplough: ↑

I'm expecting turbulence over the next few months, but once the plant is commissioned and we're actually producing SC5.8 instead of tasty dirt, the market **should** give us more credit.

A question or two if I may about the supposed second plant being built "just down the road", for those in the know.

The Grants processing plant was meant to service all of the Finniss tenements, and be expanded if needed. Why would you build another similar plant a few KM away? Surely that makes no economic sense whatsoever.

Or does "just down the road" actually mean the version like I talk to my kids, when the destination is actually 5 miles away, and they mean Barrow Creek is going to be a mega resource of lower grade material, which justifies building another plant?

However big BP33 turns out to be (and I suspect it's at least 3-4 x the reported estimate already), I don't see why it would warrant another plant.

And for those who think Gareth Manderson should communicate more, I'm 100% with you guys. It's time for him to step up to the plate and show his mettle. Where are the charismatic presentations with Crux that we know and love for example?

I don't believe he's just a RIO puppet there to keep the company flatlining until it's producing, had a massive resource upgrade and is ripe for a takeover. But keeping investors feeling like they are being kept in the dark will lead to those kind of conclusions being made.

Or is he just the strong and silent type?

Or incompetent?

I feel like we were sailing so much better with SB trimming the sails, and now we are in the doldrums and there doesn't look to be much of a captain on deck.

Expand

Maybe my wording of down the road was miss interpreted, I should have said in the near future there will be another plant , that’s what I was told and my source has not been wrong yet. I was also told a hydroxide plant is a certainty and if people did their research you can find it Stage 3 in Cxo plans for 2024 with a feasibility study, at 5.8 li20 concentrate at 71 percent lithia recovery , we have a cash cow !

CXO Price at posting: $1.05 Sentiment: Hold Disclosure: Held
72 Upvote

16 Great analysis

Reply

Top Stories

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

VUL

Vulcan appoints investment bank and M&A veteran to board

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

There are more pages in this discussion • 16,966 more messages in this thread...

First 22271 Last

Add CXO (ASX) to my watchlist

(20min delay)
Last 10.0¢		Change 0.000(0.00%)		Mkt cap ! $213.6M

Open	High	Low	Value	Volume
10.0¢	10.5¢	9.9¢	$1.160M	11.51M

Buyers (Bids)

No.	Vol.	Price($)
7	334432	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	5164094	72

View Market Depth

No.	Vol.	Price($)
1	23172	0.100
6	403152	0.099
4	440000	0.098
1	1250	0.097
10	675252	0.096

Price($)	Vol.	No.
0.105	3555155	53
0.110	2089931	42
0.115	1465104	26
0.120	1646275	24
0.125	1058485	23

Last trade - 16.10pm 13/09/2024 (20 minute delay)

CXO (ASX) Chart

Maybe my wording of down the road was miss interpreted, I should...

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Vulcan appoints investment bank and M&A veteran to board

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Utah authorities sign off on Anson's lithium extraction plans at Green River

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Maybe my wording of down the road was miss interpreted, I should...

Top Stories

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Vulcan appoints investment bank and M&A veteran to board

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Utah authorities sign off on Anson's lithium extraction plans at Green River

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News