This is a $150-200m market cap easy in the short term so expect over $1 shortly.
CXO has proven how much lithium there is just hours from Darwin. As it is so close to Darwin all the infrastructure is in place.
It will cost twice as much for CXO to ship the product plus harder maintaining staff when they are hours from Darwin. RAS are less than 2 hours from the capital city.
Australia is a very safe place to invest compared to Africa.
Ann: NT Lithium Project Update, page-123
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