CXO 2.47% 39.5¢ core lithium ltd

Ann: $6m Modern Manufacturing Initiative Grant, page-49

  1. 92 Posts.
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    Firstly, I think this is a terrific Ann.
    Thereafter, IMO we have been just given the opportunity ($$$) to subcontract the feasibility to someone else and this won’t distract from our focus of FID, and construction!!
    I speculate the DFS may not even be updated… and in my limited understanding, it doesn’t change anything for us if it’s not?! Rather it’s simply a matter of supplying what you say you can supply, and documentation is just a tool to help SP
    Q to those more informed - can you sign offtake agreements without a formalised DFS outlining your production?

    Secondly, what does it all mean?
    IMO the short term SP will correct to reflect our capable spod production numbers (SP ~ x2), and if gold plays keep ticking along, and the hydroxide plant begins to look a reality, we’ll have the opportunity to be the modern day BHP (need to have a drink and cool my jets- think I’m getting ahead of myself here)

    Things are looking good team
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