CXO
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6.59% 9.7¢ core lithium ltd

Banter and general comments, page-25401

  1. ecker
    1,221 Posts.
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    17/04/23
    17:53
    Post #: 67318268
    What makes you think shorter's are back in control?

    Shorters had a number narratives to prove their theory that CXO was overvalued back in Oct 2022..but fundamentally CXO is significantly de-risked since then.. i.e. production well ahead, there will be SC6 spodumene stockpile ready for end of April's shipment... really only narrative left is whether SC6 spodumene price stabilise.. reading the above post gives me some confidence that this is the case.
    Last edited by ecker: 17/04/23
    CXO Price at posting: 92.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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