Australia's largest stock trading and investment forum Australia's #1 stock forum

CXO

Click for more information

7.06%

9.1¢ core lithium ltd

Banter and general comments, page-15181

First 15181 Last

Share
Profile

Follow
iamagenius

6,559 Posts.

469

06/10/22

11:46

Post #: 64059358
Share

Originally posted by BPLithium ↑

I too hold both, CXO & LTR, and believe in short term one is going cash flow postive (big time) and the other into debt. Company balance sheets going in different directions, one up and other down, in a market (macro) where could say 'cash is king'.
Would you classify the general property market (housing) as a 'buyers market' or a 'sellers market' with rising interest rates?
Have no problems with rebalancing, etc.., but where the cash generator (spod prices) is at, or near peak, and some forecast a downturn in short to medium term, I would like to be riding on the crest of the wave and not to be paddling for it.

Expand

You echo my thoughts LTR will be great once they start selling at spot spod , that’s years away and as you state will have a debt of like $400m and I think a CR will be needed to sure up once they are closer to mining which is 2024-2025 ,
CXO is debt free has $210m in the bank and forecasting to sell 79kt of spod this financial year , yes we have a smaller resource but will be bigger , the fact we will be mining dwarfs the down talk about resource size

CXO Price at posting: $1.17 Sentiment: Buy Disclosure: Held
22 Upvote

3 Great analysis

Reply

Top Stories

AS2

Askari sets exploration target of up to 323K ounces Au at Burracoppin

ALK

Alkane Resources hit 57.2Kozpa gold production through FY24 – and eyeing 70Ktpa in FY26

LLC

ACCC raises competition concerns about acquisition of Lendlease projects

XRG

XReality Group wins $800K contract from Aus Government for military and police VR training tech

LAT

Latitude 66 Shares Surge 8900% on Promising Exploration Update

There are more pages in this discussion • 23,754 more messages in this thread...

First 15181 Last

Add CXO (ASX) to my watchlist

(20min delay)
Last 9.1¢		Change 0.006(7.06%)		Mkt cap ! $194.4M

Open	High	Low	Value	Volume
8.8¢	9.2¢	8.7¢	$2.009M	22.41M

Buyers (Bids)

No.	Vol.	Price($)
2	45686	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.1¢	790737	4

View Market Depth

No.	Vol.	Price($)
2	45686	0.090
9	465276	0.089
4	280359	0.088
9	880134	0.087
8	1227524	0.086

Price($)	Vol.	No.
0.091	790737	4
0.092	2568133	17
0.093	1165635	8
0.094	906250	7
0.095	755008	10

Last trade - 16.10pm 04/07/2024 (20 minute delay)

CXO (ASX) Chart