CXO 9.09% 12.0¢ core lithium ltd

Banter and general comments, page-4854

  1. 2,391 Posts.
    lightbulb Created with Sketch. 3083
    I get the feeling SB is giving serious consideration to going straight to Stage 2 with the initial construction of the processing plant, or he should be.

    No skilled forecasters usually look further than 10 years, and let's face it, we have enough reserves for that already, I'm fairly certain of that.

    So could it be the market is thinking along the same lines and believes we are likely to be processing say 300,000tpa+ for 10 years - around 60% of what PLS are aiming for (460,000 to 510,000dmt)?

    PLS are a $6.3bn MC company right now.

    We'd therefore have to be looking at a $2bn MC and ASX200 listing once we're producing then.

    And I think the Govt is going to seriously push to get a Lithium Hydroxide plant going up in Darwin too. If it further backs CXO to get that going over the next 3-4 years, then another major re-rate will be coming.

    So much to look forward to. At this rate I'll not want to ever sell any!

 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
12.0¢
Change
0.010(9.09%)
Mkt cap ! $256.4M
Open High Low Value Volume
11.5¢ 12.5¢ 11.0¢ $3.037M 25.36M

Buyers (Bids)

No. Vol. Price($)
8 318278 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 2878347 41
View Market Depth
Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.