CXO 1.10% 9.0¢ core lithium ltd

Ann: Maiden Sandras Mineral Resource Grows Finniss to 6.3Mt, page-63

  1. 522 Posts.
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    im in both of these but hard to compare. One has a huge resource and is producing , one has a tiny resource which is growing but still neeeds guaranteed funding and likely share dilution. The resource size hence LOM and number of shares on issue , and options for management will mean you will need a big parcel - its hard to see  this stock making 50c unless resource is upgraded massively and lithium prices do the same. . Pls is worth $1.4m today so we need to grow 30-35 times on 10% of the resource., Hope im wrong but cant see it.
 
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