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8.8¢ core lithium ltd

FID won't be made without revised DFS. FID is made when...

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10/07/21

12:15

Post #: 54413471
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Originally posted by Yellowbunny: ↑

Core arriving at FID not dependent on updated 21 DFS. I certainly agree with your sentiment towards the company on their delay from the PFS to DFS timetable, that keeps getting pushed forward due to market factors, but I also understand that the FID can be made before the new updated DFS, to incorporate 20/21 assay results. This is a insert from 31/08/20, The Finniss Lithium Project Update RNS , putting aside dates obviously now with the information at hand one can understand those so called market factors that come into play for the company, new 21 drilling campaign. So investors waiting on assay results hanging out for the DFS seems to be exciting, really frustrating but offtakes 40% only binding 60% on the table could well be announced in conjunction with a customer finance agreement that leads into the execution of FID, next 6 months will be rewarding for us shareholders especially as other ASX lithium miners have already gone gang busters leaves Core Lithium looking very undervalued!

Praying for a green day Monday. )))

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FID won't be made without revised DFS. FID is made when finance is also lined up - potential financiers will need to see the revised DFS

CXO Price at posting: 22.5¢ Sentiment: Hold Disclosure: Held
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