CXO

0.00%

12.0¢ core lithium ltd

Banter and general comments, page-38038

First 38038 Last

Share
Profile

Follow
cophot

2,729 Posts.

374

22/04/24

18:00

Post #: 73462334
Share

Originally posted by kittyboomboom: ↑

One thing I never hear being spoken about is the EV battery replacement industry yet to come into effect, battery lifespans are straight crap, in the next 2-3 years these will have to start being replaced in a volume of millions a year increasing to 10's of millions a year within approximately 5-7 years and this is ON TOP of new cars being manufactured during this time.

I'm not even thinking about busses, trucks and of course home batteries, these batteries are slated to become parts of industrial battery backups as the energy density is not as important as EV's, this means many of these batteries are not going to come into a recycling industry until years AFTER the need to replace some many batteries for their primary use case.

This replacement battery market may not take off due to the cost factor involved although the alternative here would be scrapping millions of EV's at well less than 10 years of age.

Much is made of CXO not currently mining, I'd rather they continue not to until a commercial return can be made from the resource, no benefit is derived by shareholders digging a valuable resource out of the ground to just pay costs only to drain the resource and waste the investment by shareholders.

At this stage I see CXO as very low risk being completely un-levered and having already built and proven their production assets, I do think we're going to need a CR and I for one am going to support it.

Having said this there's no benefit here of abusing people trying to post about the downside here, there's much senseless attacking of people who have essentially been right all the way down, they remain right until their wrong, perhaps we can all tone down the aggression and be able to tolerate opposite views?

Thanks to@WhatsTheTip for all the hard work and excellent research being put forward, very generous providing this to us for free here!

Expand

This may be the first of many to start when we start buying an EV.
https://www.carexpert.com.au/car-news/australian-company-infinitev-reuses-and-repurposes-hybrid-ev-batteries

Wait for company information May and the presenting at diggers and dealers in August.
Good luck and I am holding for the future announcements.

Last edited by cophot: 22/04/24

CXO Price at posting: 15.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

IMA

Issues emerging as Australian companies tackle critical minerals challenge

There are more pages in this discussion • 1,327 more messages in this thread...

First 38038 Last

Add CXO (ASX) to my watchlist

(20min delay)
Last 12.0¢		Change 0.000(0.00%)		Mkt cap ! $257.1M

Open	High	Low	Value	Volume
12.0¢	12.5¢	12.0¢	$733.2K	6.101M

Buyers (Bids)

No.	Vol.	Price($)
24	2280928	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	3364008	32

View Market Depth

No.	Vol.	Price($)
21	2129468	0.120
83	5249543	0.115
113	6374486	0.110
68	4420431	0.105
136	9931000	0.100

Price($)	Vol.	No.
0.125	3364008	32
0.130	4682622	44
0.135	3955066	40
0.140	2968363	38
0.145	1633253	27

Last trade - 16.10pm 11/10/2024 (20 minute delay)

CXO (ASX) Chart

Banter and general comments, page-38038

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Cauldron Energy reports "excellent" uranium assays in latest drill run

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Defence MOU for propulsion systems pushes Aurora Lab shares higher

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Issues emerging as Australian companies tackle critical minerals challenge

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Banter and general comments, page-38038

Top Stories

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Cauldron Energy reports "excellent" uranium assays in latest drill run

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Defence MOU for propulsion systems pushes Aurora Lab shares higher

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Issues emerging as Australian companies tackle critical minerals challenge

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News