CXO comparison with PLS
CXO currently has a capitalisation of $650 million PLS $5.8 Billion (about nine times higher)
Expected production 2022 175000 tonnes Expected production approx 480,000 tonnes or thereabouts
So CXO will be producing approx 35% of what PLS is producing.
So based on that, CXO theoretically should be about 35% of the capitalisation of PLS
Which is about $2 Billion or about 3 times current share price.
CXO has been under the radar for awhile but a re-writing of the share price should be on the cards to about $1.75
Assume lithium price increase in the next year or so and that share price will be more.
Anyway that is the way I see it. Please correct me if I am wrong or my assumptions are a little overboard, but I see current share price as dirt cheap.
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Last
8.5¢ |
Change
-0.001(1.16%) |
Mkt cap ! $181.6M |
Open | High | Low | Value | Volume |
8.7¢ | 8.8¢ | 8.5¢ | $1.157M | 13.39M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 721293 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.6¢ | 223000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 721293 | 0.085 |
12 | 991306 | 0.084 |
13 | 1879453 | 0.083 |
13 | 891042 | 0.082 |
10 | 740958 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.086 | 223000 | 3 |
0.087 | 543015 | 4 |
0.088 | 736287 | 9 |
0.089 | 497206 | 8 |
0.090 | 758266 | 10 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
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