CXO 3.23% 9.6¢ core lithium ltd

Lithium bubble is bursting, page-8

  1. 5,138 Posts.
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    several of use have done those figure on projected price and sale, me too, ... and we all come up with massive return so any price under $2 is cheap.
    the question now is becoming who knows what the true demand for lithium will be... if production for EV is soften due to the world story of woe.
    I did mine at much much lower pricing than the $5000 plus,
    think if i recall i got a min of earning of 25-30cent per share. ...but even with the lowest of lows...on 10cent returns... most companies dont' get near that at present.
    think when SB had mentioned the PE etc compared to our peers his eyes lite up saying we are well ahead of them all.
    (and that was when pricings were near half of present)....
    the issue going forward was LoM upgrades....and that was alway said to be happen in the very significant space and expected, so several of use believe a min of doubling, but could be even 3 x or more as the expance is drilled.

    me say bring on the gold,
    wishing for a while i was younger as i can se us being a major miner in 5 years, as MC being much huger. as a 20yo, anougth 5 year wait is ok, but now much older, impatience to achieve outcome in 1 year is the goverance of much.

 
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