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Core Lithium Ltd is an Australia-based hard-rock lithium mining company. The Company owns and operates Finniss Lithium project, which is located south of Darwin Port in the Northern Territory. The project lies within a prospective area for lithium in the NT, the Bynoe Pegmatite Field, and covers approximately 500 square kilometers (km2) of granted tenements. The project is approximately 88... see more

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Core Lithium Ord Shs > Something is up

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Post by MaterialsMan on May 19, 2023 8:13am

Something is up

In overnight trading in Australia 5/18 & 19, CORE did about 5X its regular volume. It was also up in price. That has to indicate that something is going on. Perhaps it has to do with supplying TESLA with feedstock for the new processing plant in Texas. Many exploration companies are looking to get involved in the Lithium segment. The time lapse between discovery and production is significant. CORE Lithium is not late for the party, yet it is still very inexpensive with a low market cap. They are shipping material,and have all the customers they can handle, in addition to a growing resource. There is a lot to be said about logistics and the available work force as well. All positives.