Long-term holder, posting here for the first time. What I believe might happen is that Lithium prices as a commodity might start to come off it's highs as nothing goes up in a straight line, and unfortunately, this is then used as a lever to attack and dampen the stock price of stocks like CXO who will be producing in the near term.
My question to our cohort is, has any one done a calculation as to at what price of Lithium (worse case) CXO breaks even? and any PE calculations vs Lithium prices?
many thanks!
CXO Price at posting:
$1.40 Sentiment: Buy Disclosure: Held
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