CXO 0.00% 11.0¢ core lithium ltd

There's no doubt it's a U project peejay (at least it is now),...

  1. 334 Posts.
    There's no doubt it's a U project peejay (at least it is now), as perdant noted in the post which started this thread. CXO has it listed as one of their two U projects on their website:

    http://www.coreexploration.com.au/projects/

    It also gets a mention on the NT project map on the same page, about midway between their Albarta and Jervois Projects. Good point raised by boom or bust, how long has the one-liner "More information coming soon" been sitting there?

    I've just had a look at Core's last Annual Report and in Figure 1 on page 5 Harts Range is shown as a lithium project, and likewise in the Sept and Dec quarterlies, so maybe Core now thinks the area is more prospective for uranium than lithium. And Fitton was the only U project listed on page 20 of the AR, now it's been joined by Entia.

    Oh and on page 17 of Core's AR the Tenement Schedule includes Mt Emma (EL29514) and Mt George (EL29389), both these locations appear on the map on page 6 of the 2012 report by Thor subsidiary Hale Energy in what were then numbered EL24735 and EL24765. This is the report I posted about earlier in this thread:

    http://geoscience.nt.gov.au/gemis/ntgsjspui/bitstream/1/76854/1/GR069-09_2012_GA_01.pdf

    So perdant was correct about the EL numbers changing over time and as both ELs had been granted as at 30 Sept 16 my guess is Core has had a look, found the Li grades underwhelming but has decided the area has the makings of a promising U project.

    Bottom line: even if an ann. on Entia is imminent I don't think it is likely to boost the share price in the short term. For now it's all about Finniss.

    Cheers
 
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