CXO 4.17% 11.5¢ core lithium ltd

I’d say the mine is not viable at any price lithium gets too...

  1. 2,572 Posts.
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    I’d say the mine is not viable at any price lithium gets too
    that’s why the company has not come out and told shareholders ,

    at such a price we will start mining again how hard is that ?
    id say this thing could be just not viable it happens sometimes
    remember when lithium was 80% higher than it is today they were a marginal producer

    my own opinion is high cost miners/producers won’t exist There’s too many new mines coming into production over the next 10 years new discoveries every second day , new technologies ,

    lithium is everywhere it’s not a rare commodity
    existing profitable miners around the world are working at snails pace , as prices improve and demand improves they will step up production
    making it more difficult for high cost producers to exist
 
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