EXPLORATION & DEVELOPMENT

Core's cracking PFS numbers leave market unmoved

CORE Exploration believes it is on the path to lithium concentrate production by late next year after a prefeasibility study showed the Finniss project near Darwin costing A$53.5 million generating free cashflow of $168 million.

 The core of the Core story is good grade pegmatite in the shadow of Darwin's port.

The core of the Core story is good grade pegmatite in the shadow of Darwin's port.

Finniss has been estimated to have a net present value of A$140 million and an internal rate of return of 142%, with payback of less than 12 months. Core could have US$20 million coming its way to build...

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