CXO 5.10% 9.3¢ core lithium ltd

Banter and general comments, page-38701

  1. 5,858 Posts.
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    At least PLS bought the Altura assets when they delisted and went into administration. Very sad story but a win for PLS. CXO on the other hand don't have a viable mine even when the lithium price was high they were unable to profit whereas Altura's resource was shallow and profitable. I can only see CXO going into administration. They've left behind a big mess to clean up now. A victim of the over exuberance of the lithium boom and I doubt the mine will ever be profitable but hopefully the lithium price will soar again and something positive comes out of it?
    Last edited by givemethecash: 16/06/24
 
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