Core Lithium Ltd CXOXF

Metals & Mining Industrial Metals & Minerals

Core Lithium Ltd is an Australia-based lithium mining company. It 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 kilometers (km) by sealed road from Darwin Port, Northern Territory. Its other projects include Shoobridge Lithium, Anningie and Barrow Creek Lithium, Napperby Uranium, Yerelina and Mt Freeling, and Blueys-Inkheart. The Shoobridge Lithium Project is located approximately 80 km south-southeast of Finniss near Darwin in the Northern Territory. The Anningie and Barrow Creek encompass eight exploration licenses over approximately 2,000 km2 in and around the Anningie and Barrow Creek tin-tantalum pegmatite fields in the Northern Territory. Napperby is an advanced uranium project within the central Northern Territory.

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Core Lithium Ltd

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Post by MaterialsManon May 19, 2023 8:13am

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Post# 35456057

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.

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