CXO 3.57% 14.5¢ core lithium ltd

Banter and general comments, page-235

  1. 2,167 Posts.
    lightbulb Created with Sketch. 3763
    I'd agree with that. There is actually a lotta upside here its just that the days of being able to buy hundreds of thousands of shares for less than 10K are admittedly done.

    But If you're prepared to park on them for one year, then not only will you benefit from the 50% capital gains saving but you could quite likely double your money, assuming that the mine starts construction this year (which I'm very confident about). Generally good year on the stock market for most blue chips is 7-10% per year so my bet is that parking your money here is gonna give you a hell of a lot more bang for your buck.

    All the long term holders are in agreement that as it stands with our current Megatonnage, our project is probably worth 40-50 cents on its own merits. With the additional gold results that are about to be released, if financially viable, your probably talking somewhere between another 10-20 cents (unless of course, we hit the motherload in which case it could be a whole lot more). So somewhere between 50-70 cents is probably not a bad thing and it could be a whole lot better than that a year after we start production as the amount of free cash flow the mine will produce will undoubtedly mean that we are soon able to leverage all the other projects that we have and go on a drilling bonanza.

    Your investment also benefits from the rising tide of a second lithium bull market.

    Do your own research but I'd say given how loaded the bases are, we are in for a home run sooner rather than later.
 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
14.5¢
Change
0.005(3.57%)
Mkt cap ! $309.8M
Open High Low Value Volume
14.0¢ 14.5¢ 14.0¢ $387.1K 2.721M

Buyers (Bids)

No. Vol. Price($)
136 2682213 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 979261 16
View Market Depth
Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
14.5¢
  Change
0.005 ( 2.18 %)
Open High Low Volume
14.5¢ 14.5¢ 14.0¢ 1822096
Last updated 15.59pm 26/04/2024 ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.