Agree nothing has changed and things only look better as the outlook for Lithium improves. Li concentrate prices forecast to be +$500/t, and with CXO's production costs at $278/t at 1Mt per year of production will result in +$220M in profit. Correct me if I my maths is wrong but I believe others have done the same calculation which indicates that CXO is a very good prospect. Sure CXO need's money to build the mine/plant and that will not be so straight forward and will come at a cost but surely a Mkt Cap A$25M is way undervalue.
This is just my opinion and my optimism which is why a bought some more yesterday
Agree nothing has changed and things only look better as the...
-
- There are more pages in this discussion • 117 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $246.4M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.3¢ | $1.220M | 10.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 110 | 6252092 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 695532 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |