CXO 4.17% 11.5¢ core lithium ltd

Banter and general comments, page-9092

  1. 2,171 Posts.
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    Please don't interpret my points as taking shots at PLS. I actually think PLS is a wonderful company with great prospects ahead of it and if I wasn't so convinced that CXO had so much growth ahead of it in the short term, as it begins to stretch its legs, I wouldn't hesitate to sink some money into PLS.

    Yet again, CXO is a mid-tier teenage company coming of age. PLS is already a mature developed producer and for reasons well understood, that is is why CXO is having the galloping growth spurt it's currently experiencing while PLS is having a trotting day. Either way, both are on an upward trajectory.

    And as you've stated, spodumene prices are heading upwards. The rising tide of a global lithium supply shortage and the ever climbing prices associated with this shortage (which is never likely in my humble opinion to ever be properly fixed) is likely to rise all boats in the lithium supply game.

    Buy and Hold. Your portfolio balance in the long run will truely thank you for it.
 
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