Australia's largest stock trading and investment forum Australia's #1 stock forum

CXO

Click for more information

9.09%

10.0¢ core lithium ltd

Banter and general comments, page-36698

First 36698 Last

Share
Profile

Follow
jackhall11

369 Posts.

57

13/02/24

06:00

Post #: 72370925
Share

Originally posted by WhatsTheTip: ↑

The study design for BP33 had a robust 133 years of data to work with so while seriously wet, its still well inside what they should have been designing BP33 to handle. Darwin area is also hot so there is a lot of evaporation which dries things out quickly when its not raining.

The key is not whether Grants pit has water in it as it does. The key is whether the BP33 box cut collects water and holds it for any meaningful period. The plan always was to transfer excess water from BP33 into the Grants pit. A mixture of pumping into ponds, releasing those ponds to rivers and natural evaporation would then take care of the excess water. Core management can now see whether their BP33 plans have worked or whether they need to add extra water management capacity into the DFS before a FID decision.

As per below, Grants area is part of the water management system for BP33 using Grants area as an excess water storage location. The plan was always to reuse Grants pit as part of the water storage system.

Expand

once the tunnel has been constructed the box cut will be backfilled won’t it? So water won’t be an issue at all at BP33. Also does anyone know how far along BP33 tunnel construction came before the work suspension?

CXO Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

NRX

Noronex joins forces with South32 to look for copper in Namibia

AI stocks: What to expect in 2024-25

FMG

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

EVN

Evolution shares up 3% on quarterly results for June showing rise in gold production

Talking Australia's very competitive property landscape: Realty Talks

There are more pages in this discussion • 2,300 more messages in this thread...

First 36698 Last

Add CXO (ASX) to my watchlist

(20min delay)
Last 10.0¢		Change -0.010(9.09%)		Mkt cap ! $213.6M

Open	High	Low	Value	Volume
11.0¢	11.5¢	10.0¢	$2.267M	21.78M

Buyers (Bids)

No.	Vol.	Price($)
14	1081519	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	1121658	7

View Market Depth

No.	Vol.	Price($)
14	1081519	0.100
12	577276	0.099
10	742541	0.098
7	659804	0.097
6	479347	0.096

Price($)	Vol.	No.
0.105	1121658	7
0.110	1164381	17
0.115	1506823	16
0.120	2579442	30
0.125	2319771	40

Last trade - 16.10pm 18/07/2024 (20 minute delay)

CXO (ASX) Chart