CXO

9.52%

9.5¢ core lithium ltd

Banter and general comments, page-13798

First 13798 Last

Share
Profile

Follow
RUSTYHEELA

2,444 Posts.

247

27/08/22

00:27

Post #: 63355588
Share

Originally posted by Kiwisfly9: ↑

Well I guess we'll wait with baited breath to see what happens on Monday.

That said as quite a few people have pointed out, whether Tesla comes with us or not is semi-irrelevant to the bigger picture. What it does do is gives us stability in knowing our product is placed, some good publicity and more or less knowing well in advance that construction on a Hydroxide plant can start as soon as any red tape hurdles are cleared with the cash upfront IF they come to the party.

If they don't, well spot prices on the open market for spodumene alone are likely to fetch us extremely high prices for our product as PLS's BMX auctions have continuously shown us, so one way or another it won't take long for us to get the money together, with which we can then potentially sell hydroxide on spot markets at likely a substantially higher price to them, so I'm personally expecting us to get over the line with Tesla.

They will be very aware of the fact that we can "go it alone" if necessary and that only a year or two's after-tax profits will pay for it all, nevermind a lender coming to the party to fund it and will not want our product going to their growing and increasingly competitive offerings of rival manufacturers like VW, Mercedes, BMW, Ford, Riven, Audi, Toyota, Hyundai, Mazda and numerous others. Nor will they want to shut themselves out of preferential pricing.

I guess we'll just have to crack open a beer, wait the weekend and see what happens. Could be an interesting weekend however if they do end up signing the deal and the news gets out before open on Monday though! Keep your eyes on the Twitter sphere perhaps!

Expand

Check da "Blow ins" more Buzz than Blowfly! Good 1 Shorters, BEOT, Pimple faced, Keyboard Tapper.
U got sum explaining to Do!

CXO Price at posting: $1.39 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

GRX

GreenX picks up prospective copper project in Germany

DVP

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

WGX

Westgold sets its sights on top five producer status through merger with Karora

VMT

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

VMS

Venture to sniff out high-grade REE targets at Jupiter project, WA

NXG

Cost blow-out for Rook I uranium project sees share plummet for NexGen

BOE

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

MGU

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Is oil undervalued?

There are more pages in this discussion • 25,269 more messages in this thread...

First 13798 Last

Add CXO (ASX) to my watchlist

(20min delay)
Last 9.5¢		Change -0.010(9.52%)		Mkt cap ! $203.0M

Open	High	Low	Value	Volume
9.8¢	9.8¢	9.4¢	$1.496M	15.58M

Buyers (Bids)

No.	Vol.	Price($)
19	828325	9.5¢

Sellers (Offers)

Price($)	Vol.	No.
9.6¢	21244	1

View Market Depth

No.	Vol.	Price($)
19	828325	0.095
7	581506	0.094
18	1073248	0.093
23	3388326	0.092
24	1524554	0.091

Price($)	Vol.	No.
0.096	21244	1
0.098	298750	3
0.099	88205	4
0.100	679630	14
0.105	2641430	33

Last trade - 16.10pm 02/08/2024 (20 minute delay)

CXO (ASX) Chart

Banter and general comments, page-13798

GreenX picks up prospective copper project in Germany

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Westgold sets its sights on top five producer status through merger with Karora

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Venture to sniff out high-grade REE targets at Jupiter project, WA

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Is oil undervalued?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Banter and general comments, page-13798

Top Stories

GreenX picks up prospective copper project in Germany

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Westgold sets its sights on top five producer status through merger with Karora

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Venture to sniff out high-grade REE targets at Jupiter project, WA

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Is oil undervalued?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News