CXO 8.86% 8.6¢ core lithium ltd

For those that want to understand, here are some information to...

  1. 594 Posts.
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    For those that want to understand, here are some information to analyse.
    The worst financial crisis in the last 20 years was GFC.
    US RBA rate was at 5.5% current 1.75%.
    Australian mortgage was 6% current 3%.
    GFC- Bank lending was restricted and savings at lowest. Currently savings are at highest and no lending restrictions. And you think the economy will collapse????

    In a 70kwh battery around 65kg of chemical is required.
    Tesla shanghai capacity is 1m units/year. This alone requires 3 CXO mines to operate.
    Sony/Honda building 2m units/year capacity. This alone requires 6 CXO mines to operate.
    Add all other Auto makers and you get the amount of mines required. EV growth is currently 27% CARG. Current lithium mine supply growth 15%. Get the picture yet???

    SP of lithium companies are like air tubes in water. Everyday more air is being filled in the form of growing cash profit. Banks like GS, CS and others try to hold this tube down by jumping on the SP with short positions.
    SP are going down because are selling, you are correct.
    Buy while others sell and profit later, you will be correct and very profitable.
    Like Henry Ford, Tesla is building cars. Lithium miners are like Goodyear and Firestone with tyres. Those that invested in rubber plantations got huge reward.

    "Think you can, you can't," you are correct.

 
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Last
8.6¢
Change
0.007(8.86%)
Mkt cap ! $183.7M
Open High Low Value Volume
8.0¢ 8.6¢ 7.9¢ $2.766M 33.86M

Buyers (Bids)

No. Vol. Price($)
1 10000 8.5¢
 

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Price($) Vol. No.
8.6¢ 1102272 8
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Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
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