CXO 1.16% 8.7¢ core lithium ltd

Banter and general comments, page-28381

  1. 13,381 Posts.
    lightbulb Created with Sketch. 4550
    Like I have said for a year now...SP cannot grow without any excitement around the business and that is just not happening.

    The days of excitement ended at the peak of the Lithium madness in 21/22 were now a producer in a flat but firm price environment and it doesn't get much more boring than that, its largely all about profit and loss from now on and that will take a few quarters to resolve , increasing LOM and expansion are nice but do nothing for bottom line at this stage and usually result in a knee jerk reaction in the shareprice not a sustainable one IMO...

    Any Company relying on excitement to grow the shareprice, first has to find something exciting to announce and then maintain it ,an unlikely combination and something you wouldn't want to rely on.
    If we get the revenue we expect over the next year/s the shareprice will eventually reflect it and in a sustainable way, even more so if Lithium prices stabilise or rise.

    in the end we are just another miner, nothing special but in a much better space than most with no debt , revenue starting to flow and high margins but have yet to post a profit..

    Cheers Whisky
    Last edited by Whisky49: 04/07/23
 
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