CXO 0.00% 14.0¢ core lithium ltd

I can see your questions are genuine, so I am replying you.'but...

  1. 277 Posts.
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    I can see your questions are genuine, so I am replying you.

    'but does this factor in the grade of the product, as Core is producing 59% grade as far as I know. Also what about the all-in costs? what would they be?'

    The grade of the mine is good, 1.5%. The method Core is using is DMS. 60% of recovery is considered not bad. And it is still getting better. Good like AVZ's DMS testing is only returning around 68%. For the cost, you can refer to @WhatsTheTip post https://hotcopper.com.au/threads/banter-and-general-comments.5838196/page-34430?post_id=71238302 $900 AUD is the cost.

    'The other thing is cash-flow and how development of bp33 and to make it operational, plus any other drillings to increase resource, etc would affect the cash at bank (this this is a much more complicated calculation, and Im not sure anyone here would do it with any confidence? or would they?? '

    The $50 million Early work fund already covers some of the capex. And the original plan was only requires $80million of capex. Let's say double of that. Then further $100million may be required. With the positive cash flow in the next few quarters, $100m is still achievable without any debt.

 
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