Where we go this week or month is really anyones guess.
Fundamentally though, I see no major threats to our long term revenue.
197,000tpa with room to expand.
Operating cost USD400-900 per ton
Spod price (which is apparently near its bottom) USD 4500-5500 per ton
No debt so an AJM situation wouldn’t happen.
Mine and DMS already paid for and built.
20+ year life of mine, with imminent expansion.
Lithium in demand. The long term narrative hasn’t changed despite calls for demand destruction from interest rates (still yet to witness much demand destruction at all in the major EV markets)
You’d be silly to sell right now at this market cap.
CXO - Chart Thread, page-5673
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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 |