CXO 0.00% 9.1¢ core lithium ltd

Callum - A lot of people assume having Uranium is an asset....

  1. 1,376 Posts.
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    Callum - A lot of people assume having Uranium is an asset. Truth is the world is abundant in Uranium, it’s expensive to mine and it’s cheap to buy. New technology will/may also allow for spent uranium to be reused. Some experts even say all the uranium the world will ever need is already out on the market.

    It’s extremely unlikely that CXO will ever find it commercially viable to mine and I honestly doubt the fact we may have Uranium adds much value to CXO in the eyes of a potential buyer or investor.
    Last edited by LongTerm1234: 28/01/23
 
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