CXO 4.55% 10.5¢ core lithium ltd

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  1. 1,141 Posts.
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    Core Presentation 26 August, from 45min mark.(15 minutes)

    Heading to production, thus higher valuation benchmark.

    ASX Producer peer valuations are $5bn+

    Shovel ready for construction, stage 1 funded with high quality partners, and customers.

    Expansion plans including Hydroxide.

    Construction late 2021, production second half 2022.

    Lithium a great sector to invest in, not without peaks and troughs in past 10 years.

    Outlook remains strong with lots of auto/battery/mining industry deals setting up for the future, large demand potential and limited supply. Ongoing growth expected as part of the EV narrative.

    I last posted as a holder in Nov 2016 at 8c. Great progress has been made by the company to get to this point.

    I've supported several of the big ASX Lithium Developers/Producers over the years, including cap raisings where possible.

    In for CXO recent SPP @ 31c. (Closes today).

    CXO flew past 20c level. Strength is picking up again for a move to 40-50c range as 2021 construction approaches.

    Last edited by Maxi II: 02/09/21
 
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