December 2023 Core Lithium Ltd Activities Report Call Transcript
Today. And thank you for standing by. Welcome to Core Lithium Q2 FY24 quarterly update conference call. (Operator Instructions) Please be advised that today's conference is being recorded.
I would now like to hand the call over to the first speaker today, Mr. Gareth Manderson, CEO. Thank you. Please go ahead.
Thank you very much, and thank you very much for those that have taken the time to dial in this morning. Appreciate your interest in Core Lithium.
Very solid quarter from an operational perspective, so quite strong results, but we also need to acknowledge the 54% drop in spodumene price during the quarter, which has led to your Board and management taking the decision to pause mining operations, and we can talk a little bit about that in detail.
As I look at the operational performance for the period, and we've seen a 50% increase in [ore] stocks on the [ROM], which is a deliberate strategy to decouple the mining operation from the processing facilities for the
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