CXO 5.10% 9.3¢ core lithium ltd

I have a hard time understanding how the resource is calculated...

  1. 252 Posts.
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    I have a hard time understanding how the resource is calculated from drilling results as I do not understand what "strike", "strike open", etc. mean. I bought CXO based off the mineral resource summary and projected financials but I'm not sure how they came up with it as I do not understand how far the mine is likely to go underground, and how they get the concentration for the resource.

    Another thing I struggle with is the difference between Direct Shipping Ore and spodumene.

    All help is greatly appreciated. Thank you
    Last edited by Esteban Bola: 06/08/18
 
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