CXO
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6.59% 9.7¢ core lithium ltd

Ann: Update on Blueys Silver Project and NT Lithium Exploration-CXO.AX, page-96

  1. Realka
    228 Posts.
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    19/05/16
    13:49
    Post #: 17813252
    people keep saying the demand is increasing. but don't forget the supply is increasing as well.
    think about iron ore or oil. the whole world have huge demand for these two things. but when it is oversupply , the price is killed.
    also the milk price, demand for milk is huge as well, but when it becomes oversupply , it only worth $1 per liter
    Last edited by Realka: 19/05/16
    CXO Price at posting: 3.3¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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