CXO 9.52% 9.5¢ core lithium ltd

Banter and general comments, page-31159

  1. 2,614 Posts.
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    Please review and comment:

    Market cap: ~ $750 million
    Cash after raise: ~ $250 million
    Market cap - cash = $500 million value of business.

    FY 24 sales guidance 90,000-100,000 tonnes.

    Sale price used $3,000 (AUD - very conservative)
    costs $1,000 (AUD)
    profit $2,000 a tonne

    For FY24 Core will make $200 million net profit (100,000 * $2,000).

    That's nearly 50% of the business value of the market cap (500 million).

    Wow
 
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