CXO 1.06% 9.3¢ core lithium ltd

Ann: Trading Halt, page-268

  1. 740 Posts.
    lightbulb Created with Sketch. 2317
    Agree, fast tracking BP33 and resolving any issues with Grant is always a positive direction even if it means a small CR.
    Lithium demands will be back in a huge way in FY25/26 and if CXO can provide good quality and quantity lithium from Grant and BP33 to catch this demand, it will be printing money like PLS did in the last 2 years. Every studies show that there is not enough lithium to meet half the need for the EV industry, let alone for any other industry which are all becoming electrified! Lithium prices will also be eventually controlled like the oil industry which will send it skyrocketing again.
    This scenario is better than waiitng longer and using up all the $150 M cash, then needing to do a CR out of desperation.
    A CR got Grant producing quickly and if we need one for BP33 to produce quickly, so be it...this is good for the long term holder to top up for more at a cheaper rate, not so much for the day trader...time to look more funds for a top up IMO.
    Remember, if BP33 start to produce and the deposits in the other mines are better defined, then CXO will certainly be a TO target!
    Stay cool people...look at the big picture! cool.png
 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
9.3¢
Change
-0.001(1.06%)
Mkt cap ! $198.7M
Open High Low Value Volume
9.3¢ 9.5¢ 9.1¢ $1.027M 11.10M

Buyers (Bids)

No. Vol. Price($)
21 1922509 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.3¢ 49999 1
View Market Depth
Last trade - 16.10pm 08/08/2024 (20 minute delay) ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.