not down ramping, legitimately concerned investor. I have previously been caught up in the excitement of hitting first production only to see SP smashed. Reality here is CXO could be properly valued here. Most lithium stick trading on PE of 5. What do they say, sell mining stock on low pe , buy on high. Timing the cycle. depending on volumes of ore, which can depend open the weather (as we’ve seen) , any problems with the plant, the price ( which we have no control) may make, 10 to 22 cents I’d say is a fair range. At 22 cent PE 5, SP $1.08, at 10 cent sp $.0.50. Market needs to get confident lithium is not at end of cycle and this is super cycle, which u could argue it is fotr most commodities, that will continue to drive inflation. But especially for the ev transition. Going to sleep now.
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Last
12.5¢ |
Change
0.010(8.70%) |
Mkt cap ! $267.8M |
Open | High | Low | Value | Volume |
12.0¢ | 12.8¢ | 11.5¢ | $1.728M | 14.09M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 2432040 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 9090930 | 76 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 1424041 | 0.125 |
28 | 2040485 | 0.120 |
52 | 7340247 | 0.115 |
100 | 6331028 | 0.110 |
67 | 4897584 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 9271244 | 79 |
0.135 | 2603770 | 43 |
0.140 | 1204297 | 27 |
0.145 | 1340987 | 26 |
0.150 | 1122790 | 30 |
Last trade - 14.22pm 07/10/2024 (20 minute delay) ? |
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