CXO 0.00% 9.3¢ core lithium ltd

Ann: Strategic Review Update, page-181

  1. 908 Posts.
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    The SC6 price is now US$1060/dmt. CXO has negative FCF at this price. PLS is living in a virtual world at the moment but the grim reaper is standing at its front door. At this SC6 price PLS's FCF is only about A$220m pa compared to its current MC of A$12b. Unfortunately it has a long way to fall and the FY24Q3 report may be the catalyst.
 
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