CXO 5.26% 10.0¢ core lithium ltd

Ann: Core Lithium 2021 Update Presentation, page-19

  1. 2,171 Posts.
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    Really hard to answer that question Anthony.

    The rationale for that answer is simple. The commodities we mainly possess are all beginning to enter a new super cycle as the world moves towards the Green revolution and the going price for all of these in the next decade is going to be substantially higher than the spot prices of today for them.

    Core Lithium has lithium, Gold, Uranium, Copper, Silver, Rare Earth minerals (likely), polymetalic sites and no doubt other things I'm forgetting as I type this.

    What we also have, is a basically ready to go project which with a decent price locked in for the first 2 or 3 years of mining will have us swimming in free cash because our payback period is so quick. This means CXO has the ability to immediately get those other projects on the boiler about a year after we start mining, which could add tremendous value to the Share price on the longer distance horizon (I'm talking 3-5 years here).

    So it really depends on what your own individual investing strategy is. My suggestion is that you check out our website and have a look at our other projects but put simply, the gold find we have stumbled upon could potentially lift us over the dollar mark on its own steam if the results come back reasonable favourable and are developed. Hell, even the lithium project itself could potentially lift us over that mark if we continue to shore up the total Megatonnage of our Finniss site (its a huge site btw filled with pegamatites that we simply haven't even had the money to scratch the surface on yet) but between a highly likely chance of the Spodumene price hitting record levels this decade due to enormous demand for lithium batteries and the extremely high chances of our site growing to the size of the other big boys in the game, combined with those other resources I mentioned that the future for our company is looking pretty bright.
 
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