CXO 10.0% 11.0¢ core lithium ltd

So the company is conserving cash as it readies to restart...

  1. 559 Posts.
    lightbulb Created with Sketch. 32
    So the company is conserving cash as it readies to restart mining. I get that but why do they have a portfolio of very high risk exploration assets all over the NT including Lithium when they have a whole mine's worth nearby? Pine Creek has gold - sure, but it has been flogged as an geochem / scout drilling play since the 1990's with very little to show for itself. And speaking of nearby, why is the company based in Perth, when all the assets are in the NT? Rents and travel costs would be much reduced running the show from Darwin. Just focus all the costs and attention on Finnis and flog the rest.
 
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