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2,611 Posts.
486
10/11/23
10:26
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CXO at $4 is a $8.4 billion company. Producing 170,000 tpa
PLS at $12 is a $36 billion company. Producing 680,000 - 1 m tpa.
PLS is far more likely to hit $12 than CXO to hit $4.
CXO expanding its resources is never a given. Its high risk to expect to hit more lithium.
CXO hitting $1 would be great but also very hard to achieve. I think this is a more probable and realistic goal.
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