load up on cxo?, page-8

Hey Kiwisfly9,

CXO has 1,547,909,928 SOI (as per Market Index). Your $2 billion capitalisation by the time we begin producing
will value CXO at $1.29 per share.
In my earlier post #: 55976413 Investment analyst, Chris Barry, reckons that Lithium's price will growth at 20% annually
until 2030. Why? Because Lithium is the only battery metal for which there is no substitute in the coming EV revolution.
Here are my calcs based on a sp of 33c as of Sept 10th. :
CXO SP₂₀₃₀ = SP₂₀₂₁(1+ 0.20)⁹ assuming 9 years compounding.
= $0.33(1.2)⁹ = $1.70

Using your sp of $1.29 and assuming that production begins in 2023 giving 7 years compounding, we get:

CXO SP₂₀₃₀ = SP₂₀₂₃(1+ 0.20)⁷ = $1.29(1.2)⁷ = $4.62

I like the fact that you are being conservative!!!

CXO is definitely a LT hold as the calcs show a potential 10 fold increase.
And to paraphrase Bob Hawke (if he were alive & a CXO holder) "by 2030 no CXO shareholder will living in poverty."