"just like owning any lithium stock other than CXO you would have done better in the last twelve months lol" You are so focused on bashing Core, you simply don't have a clue what's been happening in the wider lithium world.
Reusing some work by dc1234, its a rare lithium company that is not down heavily YTD. Core does have an ugly YTD movement at -61% but they are far from unique with this return and they are also far from being the worst. In just the extract below there are 15 lithium companies with a worse YTD return making your statement a lie. For what purpose are you lying?
Yep quite a few of those companies are small explorers but it was the decision to hold lithium stocks over the last year that was the problem, not the decision to hold Core lithium specifically.
Shifting to 1-year rather than YTD returns, What would have happened if one year ago you had chosen to back WC8 rather than CXO?
Over the last year Core has announced its temporarily suspending mining and has gone into C&M.
Over the last year WC8 has gone about drilling out a 74Mt maiden JORC resource.
Surely WC8 would have massively out-performed CXO. Nope, there they are with nearly identical one-year returns. Others like GL1 have been quite a bit worse than CXO over the last year. That doesn't make it any easier holding a company that has fallen as much as Core has, but you could have got the same result backing many other different lithium companies.
CXO Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
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