CXO 8.79% 8.3¢ core lithium ltd

You may have a problem with timing. Trying to understand but...

  1. 594 Posts.
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    You may have a problem with timing. Trying to understand but totally confused.
    They're doing early works for bp33 ($50m). They are updating dfs and waiting for FId 1st qrt cy24. So, they have the surface complete and ready to go early cy24. They will then spend alot more to go underground. It will take 2 years of tunnelling to get to the ore???
    They then also are looking at a North east mine?? All this while they haven't sort out grants??? And spending $40m for extra drilling/ operations?? They just did a CR, sold 13% of the company at 1 year revenue coz they don't have enough. See why I'm confused.
 
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