CXO 7.00% 9.3¢ core lithium ltd

Banter and general comments, page-222

  1. 2,045 Posts.
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    ILB, all valid points. I did say increased resources imminent (may not have stated clearly: LITHIUM). Zola, Ringwood etc have not been drilled to anywhere near the depth of other significant producers/explores ln Australia as far as I know. They are all in excess of 2000m so far. I did post previously that Sweden has been producing sufficient IO to supply Europe since the 1940's & the deeper they go, the more they find with higher grades. I'm no gogolist (done a bit of googling) but applying the same principle bodes well for CXO imo. Speck end of the market is a rodeo & this bronco keeps bucking. Saddle's gone already for me but I'll cling on to the mane for the main course, it's tough but what a ride! Just keep bucking & bring in the buckeroos! It's sensible to be conservative & I openly admit to being supremely optimistic with regard to CXO. Go you good thing.
 
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