Nah, It's just you saying that,
It's all about Supply and demand....
At the moment Tesla are the only ones with Electric cars with a good range,
The rest of the world is going electric within the next 20 years.
VW is aiming to be the biggest car manufacturer in the world,
And will be requiring huge amounts of Lithium.
Other manufacturers like Volvo, Mercedes etc. will also be bidding for the Lithium,
This will increase the price,
As the demand also grows....
Anyway CXO has much more than just Lithium,
It also has Gold, Copper, Lead, Silver, Zinc and Uranium,
All of which are in demand....
Banter and general comments, page-285
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Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.9¢ | $1.160M | 11.51M |
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| No. | Vol. | Price($) |
|---|---|---|
| 7 | 334432 | 10.0¢ |
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| Price($) | Vol. | No. |
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| 10.5¢ | 5164094 | 72 |
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