CXO 6.59% 9.7¢ core lithium ltd

Banter and general comments, page-25524

  1. 1,731 Posts.
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    probably being a bit conservative at $1.50.The reason why I was buying up when it went down to the 70c+ was I was really sure the resource upgrade was going to be huge in the next 2 years and that the lithium price would recover.Additionally I feel we are in production right at the best time.So I was looking at a SP of $1.50 around Sept/Oct and $2 to $2.50 around April May next year as that will be about 12 months of sales at what I hope to be an average US$4500-$5000 a tonne.But really the best part is I am hoping to get a nice little income when dividends start further down the track.Just need to avoid a takeover.Cheers Stu
 
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