Their SP is not comparable.
CXO is at full value having started up mining, in fact, I think it's over valued, as they are a charity atm.
They are not making any money on the lithium they are digging up, which means they are worthless.
At current Li prices, they will be in C&M soon, gobbling up shareholders $$$. They will struggle to pay back their finance, with expensive operating costs in Australia, and the rest of Australia's sovereign risk coming to light.
Do your homework. CXO is not at all comparable to LRS.
All imho.
LRS General Discussion, page-15943
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $489.8M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.5¢ | 17.5¢ | $957.8K | 5.382M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 479555 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 152000 | 2 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| LRS (ASX) Chart |