Buy, sell or hold is your decision, can't tell you what to do....

Buy, sell or hold is your decision, can't tell you what to do. Use the space between the ears.
The pls December auction showed they made $123m aud from 10kt of spodumene. November they made $64m aud from 5kt. These prices will be reflected in their next quarter contract pricing. This is the market CXO will be selling into. The Chinese are paying for this. This is how much it's worth to them. Their lepidolite mines are currently being questioned due to environmental concerns. Their brine production have always struggled to produce battery grade due to high magnesium content.
People ridiculed Tesla, "EVs will never take off," how many are laughing now? The Chinese want to dominate the EV market, they buy into every lithium space globally, funded by XiniedaPOO. They want you to believe they are cutting back...Yeah right!
The existing producers have spent the last 10 years only able to increase 40%. The banks want you to believe production can double in one year. Are the chinese paying them???

There are many new posters. The downrampers make no sense in their comments and newbies have no idea other than SP. The SP makes no difference to the business. The brokers want you to believe the company is now worth less than it did when there was no mine, extra tenements with 30 known pegmatites and $120m extra in the bank. The company also has identified new drilling targets incase you haven't noticed.
For the newbies. The company SP has nothing to do with the business value. Eg ozl traded for $14 but bhp paid $28. Here is the parallel, CXO is a business with 200 coins worth $2-$5 each. 1-2 coins are being bought and sold for $1. When a $2 coin is being sold for $1, the smart people buy. It's very hard for many to understand.
The company at present has 12 years of mining from 10% of its tenements, some are wanting 30 to 40 years. Yet they spend their time concerned about daily movements. In 30 to 40 years, many will have been fertiliser. This decade, the next 7 years is the growth phase, many will not be around in 10 let alone worry 30 and 40 years.

New drilling results have come in, more coins have been added to the business. Many are worried about SP now, and if SP is $2 plus in 12 months, when hundreds of $millions is in the bank and knowing they sold at or under $1. Understand the difference between trading( buying/selling) and investing.