Not a dead cat bounce..
Since elected, Albo's Labor gov has been heavily pushing to achieve their zero carbon target. Majorities of gov globally are also doing the same, more or less as they know they can't get away with..
There was a green forum last week in which PM had clearly outlined his plan for green energy target and of course, Li/battery metals were in front line along with Hydrogen.
It'll be a silly thing for any investor who does not have a piece of Li/critical metals in their portfolio.
And remember, CXO's resource upgrade doesn't stop here. As mentioned in latest ann, a lot more still coming.. CXO would even buy out/aquire tenements right next to Finnis and more offtakes likely underway.
CXO's MC is still 1/4 of PLS and so much room to grow once production starts in a few months.
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