$1 party, page-280

CXO comparison with PLS

CXO currently has a capitalisation of $650 million PLS $5.8 Billion (about nine times higher)
Expected production 2022 175000 tonnes Expected production approx 480,000 tonnes or thereabouts

So CXO will be producing approx 35% of what PLS is producing.

So based on that, CXO theoretically should be about 35% of the capitalisation of PLS
Which is about $2 Billion or about 3 times current share price.

CXO has been under the radar for awhile but a re-writing of the share price should be on the cards to about $1.75
Assume lithium price increase in the next year or so and that share price will be more.

Anyway that is the way I see it. Please correct me if I am wrong or my assumptions are a little overboard, but I see current share price as dirt cheap.