CXO 1.72% 14.3¢ core lithium ltd

Core is making roughly 700-800 USD per ton at 1700 USD per ton...

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    Core is making roughly 700-800 USD per ton at 1700 USD per ton of spodumene as explained below but you know this and just want to put pressure on the SP. (Is the boss breathing down the back of your neck.) We have over 200kt of ORE on the ROM pad ready to keep production going over the wet season which excavation cost were add into last quarters costs but that ore is free carried when used as explained below by in report. Break even for the mine is 900 USD per ton of spodumene. Prove me wrong. IMHO.

    Because of the ROM inventory build, to get a sensible take on costs you need to look at the C1 unit cost to get a true idea of the operating costs of the ore being processed. This figure was A$904/t (ex Royalties) and A$1,067/t including royalties. The AUD to USD exchange rate is about 0.66 currently. The C1 unit production cost including royalties (FOB) is therefore about US$704/t. Its higher than ideal, but it isn't impossibly high.
 
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