Also from quarterly:
Answer: Core completed a 3-month lithium resource infill and expansion
drilling program at Finniss which contributed to a significant portion of the
current period expenditure. A moderated level of expenditure is currently
forecast for the remainder of the 30 June 2021 financial year. On that basis
and at the date of this report, Core has sufficient cash reserves to achieve
its short-term and medium-term objectives.
News: CXO Core Lithium Ltd - Global Institutions Back Core Lithium $40 Million Placement, page-4
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