CXO 1.06% 9.3¢ core lithium ltd

Banter and general comments, page-34613

  1. 1,754 Posts.
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    Just an interesting comparison and not bagging LTR.

    CXO high of $1.80c now 23c Loss from high $1.57
    LTR High of $3.00 now $1.24 Loss from high $1.76

    We are all in the same boat with lithium tanking at present. Still, we are producing which is a plus and do have a floor price in contracts with both major offtake partners.

    I do wonder how investors value explorers with higher market SP when many will be years away from production. Sitting on this one as I do believe it will bounce though there are several risk factors that will need to be mitigated. Chief one for me is the cost of development for each deposit. Most, so far discovered, are bloody deep.
    If anything comes out of Barrow, rest of Finess etc, I hope it's a lot shallower.
 
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