CXO 4.21% 9.1¢ core lithium ltd

Good Old 15,000, page-125

  1. 7,408 Posts.
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    That's a beauty, Tacair, thanks. I'm sure we're all in full agreement with the idea of conserving cash at almost all costs. I figure we'll have about $2M by the end of the month and from then on there'll be ongoing expenses for resource upgrade and DFS upgrade work, plus overheads, but at least nothing for exploration. That wouldn't leave much in the kitty at the end of Q2 but if they get Exploration tax credits they could keep all those this year instead of distributing them to shareholders. By July I think the market will have bottomed and hopefully we'll have MMP and DFS upgrade in the bag to get us back up to an acceptable CR position. All fingers crossed!
 
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