CXO 5.10% 9.3¢ core lithium ltd

Ann: Mineral Resource Expansion Drilling Recommences at Finniss, page-55

  1. 3,567 Posts.
    lightbulb Created with Sketch. 3416
    yep some nice buying at 4.5c, I would say some of the parcels being larger than perhaps the norm. Hopefully some good news on the way

    PLL is continuing its resolute run off the back of the tesla deal. SP now up around 500% and some $400mil - $450mil in MC added to the company.

    If you look at the PLL chart, for about 4 years it would seem that PLL was just drifting along, trading in the 10c - 20c range. Just drifting along just like we are, then BOOM! One announcement, one deal and the company is transformed, with many investors making small fortunes. One announcement is all it took.

    Now if we are to believe the future lithium demand narrative, the shortage of supply narrative, the EV and renewable energy narrative and the arms race to acquire lithium, then you would have to say that there is every chance of a PLL-like catalyst and deal potentially out there for CXO, LTR and all the other lithium hopefuls. Even if Cxo were to clench a deal with a major that resulted in just 10% of the MC appreciation that PLL has thus far experienced, this would still translate into a doubling of Cxo’s share price.

    Maybe I’m just jealous of PLL haha. But jeez it would be great if Australia’s next lithium producer could attract a behemoth of a major.

    IMO

    GLTAH
 
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9.3¢
Change
-0.005(5.10%)
Mkt cap ! $198.7M
Open High Low Value Volume
9.9¢ 10.0¢ 9.3¢ $3.295M 34.70M

Buyers (Bids)

No. Vol. Price($)
7 365887 9.3¢
 

Sellers (Offers)

Price($) Vol. No.
9.4¢ 883409 8
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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