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Charger Metals (ASX:CHR) sells Bynoe to Core Lithium for up to A$14.75m
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Charger Metals (ASX:CHR) sells Bynoe to Core Lithium for up to A$14.75m
A 9km neighbour deal and a 1% royalty kicker free cash for the Lake Johnston pivot Charger Metals (ASX:CHR) has done what plenty of junior lithium explorers have been trying to do for the last 18 months. It has found a strategic buyer willing to pay real cash for a tenement that sits next door to a producing mine. The buyer is Core Lithium (ASX:CXO), and the asset is the Bynoe Lithium Project in the Northern Territory. The headline number is up …
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