CXO 2.66% 9.2¢ core lithium ltd

It doesn't require an essay to know that CXO has horrific...

  1. 9,611 Posts.
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    It doesn't require an essay to know that CXO has horrific economics, and regardless of how much you try to confuse with essays, it still has horrific economics. If you're going to suggest that CXO is somehow economic at $1k/t, best of luck to you, but clearly the CXO board and management don't even share your view.

    As for vertical pegs in Australia, CXO and GL1 are two that come to mind, both completely uneconomic. If you want to talk about Mount Marion, it's a totally different equation given it's not MIN's only project (and the vertical peg at the north pit is not the only peg in the resource and the other peg is certainly not vertical, which I'm sure you know).

    Your essays might confuse many into thinking you're making a point, but it's simply not the case here.
 
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