Core lithium project, page-225

First 225 Last

Share
Profile

Follow
lordearl

1,753 Posts.

236

10/12/20

08:21

Post #: 49471354
Share

Originally posted by views: ↑

CXO have had their highest close for the year.
The next threshold will be double digits (10+ cents)
This threshold looks as though it will be breached next week.

With the ever increasing and constant news of ever car maker on the planet going electric the news has turned to battery power/battery technology and the components needed to produce this energy source.

Lithium stands at the forefront of minerals used to sustain a reliable battery source. Such high demand globally for lithium will be outstripped by companies ability to supply, it is imperative that the company keep drilling and finding the spodumene necessary to help fill the inevitable shortfall.
With every shortfall comes a willingness to gain an advantage by locking away product, we are starting to witness the auto industry entering this phase, we are also starting to acknowledge an increase in cost that comes with shortfalls in hungry markets.

Cxo is ideally placed at this juncture in the cycle of EVs, we have ample tenures over 500 sq km of land that has historically produced tin (for the last 100 years), and has used the lithium as a marker to find it. The tennaments are riddled with lithium as has been witnessed during the tin period, now with todays technology we will be able to locate the spod, increase mine life and secure, contracts well into the future.

Cxo’s future looks increasingly bright and so does that of shareholders who are in at the infancy, the share price should continue to rise for the next few years good luck and hold tight

regards Views.

Expand

Agree with all of this, except that 10 cents will be on the cards today (as long as we all hold tight!).

CXO Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
12 Upvote

0 Great analysis

Reply

Top Stories

Trump is President Again: What Does This Mean for Crypto?

CPV

ClearVue inks deal with UK heated glass player to combine solar tech with its offering

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

AR3

Overland drilling proves promising for Australian Rare Earths' uranium hopes

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

First 225 Last

Add CXO (ASX) to my watchlist

(20min delay)
Last 10.5¢		Change 0.000(0.00%)		Mkt cap ! $214.3M

Open	High	Low	Value	Volume
10.5¢	10.5¢	10.0¢	$133.0K	1.274M

Buyers (Bids)

No.	Vol.	Price($)
208	13575506	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	1170077	33

View Market Depth

No.	Vol.	Price($)
208	13575506	0.100
6	197503	0.099
11	231389	0.098
6	313628	0.097
5	229581	0.096

Price($)	Vol.	No.
0.105	1170132	33
0.110	4161855	42
0.115	3283745	37
0.120	6614233	59
0.125	4455721	56

Last trade - 12.20pm 13/11/2024 (20 minute delay)

CXO (ASX) Chart

Core lithium project, page-225

Trump is President Again: What Does This Mean for Crypto?

ClearVue inks deal with UK heated glass player to combine solar tech with its offering

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Overland drilling proves promising for Australian Rare Earths' uranium hopes

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Core lithium project, page-225

Top Stories

Trump is President Again: What Does This Mean for Crypto?

ClearVue inks deal with UK heated glass player to combine solar tech with its offering

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Overland drilling proves promising for Australian Rare Earths' uranium hopes

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News