Benchmark Mineral Intelligence expect the global lithium market to remain oversupplied until 2028. What this means to high cost producers ?? , most likely wait it out till prices improve or cut costs if possible. Location wise CXO mine site exposed to weather risks.
Huge rush of direct lithium extraction DLE coming after it was recently proven successful. Cheaper than hard rock mining as well which will support investors getting on board.
danger for CXO shareholders., page-15
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Last
8.3¢ |
Change
-0.008(8.79%) |
Mkt cap ! $177.3M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.0¢ | 8.3¢ | $4.722M | 56.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1606055 | 8.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.6¢ | 110070 | 6 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CXO (ASX) Chart |