Ann: Offtake Update, page-252

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easylikesunday

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27/10/22

22:11

Post #: 64442605
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Originally posted by robertchark: ↑

Easy.......,you assume that Tesla will become the biggest e- vehicle manufacturer in the world. Sure, Tesla do look good. Longer term is simply unsustainable minus cheap labour, mainly from China. Furthermore CXO have absolutely no urgency about who/where our product is sold. Sure, we need each other, however markets are dictating that Li producers are in high demand right now and for many years to come. It's not like Tesla is producing top secret military components & CXO have to crawl & try to convince Tesla about our product. No. Put simply negotiations have ceased for now; probably on hydroxide plant. Everyone everything is open for business. CXO have plenty cash in the bank, heaps more cash coming in, well organised s/m/l term. Financially way too strong to be bullied into a corner. Enjoy this CXO party everyone as we are enjoying the entre's & after dinner, around Christmas with endless $$$$$$'s coming in, we will also be tucking in to the absolutely most fabulous desert ever known to humankind. Gold! Gold! Gold! & lots of it waaaaaaa! ha ha, as is said.

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I dont think they will become the biggest, they will become the biggest.

Another thing to take into consideration.. Tesla alone is driving up the price of spod, lithium etc due to THEIR products and their demand and their upcoming competitors..

Every race needs a leader. At the end of the day, they will get their spod from somewhere else.

CXO Price at posting: $1.38 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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