CXO 0.00% 10.5¢ core lithium ltd

Banter and general comments, page-28227

  1. 3,223 Posts.
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    FYI, CXO CEO has ticked off near term targets, importantly company milestones have come in earlier than outlined guidelines set out in quarterly reports.
    On that basis I believe company news will be positive, CXO is on route to ramping up DMS production rates.

    Looking at different companies peers in production, gives guidance to new upcoming lithium producers.

    CXO nameplate 180,000 tons per annum that would equate to a MC 5B especially on a 20 year LOM, expansion of resource to 60MT as company guidance for 2023 drilling campaign will equate to a big re-rate.

    Regional green fields at Barrow Creek etc could encounter a massive spodumene pegmatite deposit.

    I await Q1 2024, I await CXO production status, I await SP re-rate, I await positive company news, I await positive macro dynamics in Chinese chemical converters on back off new Chinese subsidies.

    Seriously its just a waiting game mayo1975 if you want a early exploration company like CXO, remember CXO traded at 1c I look at FIN 1.5c, companies at early exploration have different strategies to pump out news flow, CXO will now give clarification only.

    We awaiting results from CXO, no debt, CASH COW.
 
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