Banter and general comments, page-9082

PLS is a bit undervalued at the moment but that's mainly short-term market sentiment due to production costs rising and production volumes dropping and its not CXO's fault the market got a bit pissy with that.

Also, bear in mind that there are like 1.2 billion more shares on issue over at PLS as well, so its share registry is far more diluted but still priced at multiples of CXO's all-time high share price. Bear in mind too, That those PLS shares of which there are many more of, will also likely remain at multiples more than the price of our shares for the foreseeable future. So there's no need to get insecure or anything.

We don't pretend to be anything more than a mid-sized player having its coming of Age growth spurt. We also happen to have other things on the backburners aside from lithium but who knows, perhaps one day when we've explored a lot more of Finniss and Barrow Creek we might proportionately close that sea sized gap a bit more with PLS......

Also, bear in mind, while BMX (the market bidding site for PLS uncontracted production of spodumene on the open market) is great to give PLS market exposure for some of its unallocated production to spot prices, pretty much all of CXO's production is going to be priced near spot.

That, combined with zero debt, cash in the bank for further development already, a pretty much immediate massive cash flow once we go into production, a low CAPEX, a rapidly explanding resource size, our extremely low cost of production and our geographic blessings regarding our proximity to a port (the closest to Asia too) make us a very attractive little company with a lot of growth ahead.

There's no need to dunk on us just because we're finally getting the re-rate we've been waiting for years for.