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3.57%

9.5¢ core lithium ltd

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Ihavenoidea2035

2,814 Posts.

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23/06/24

17:09

Post #: 74447381
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Originally posted by deedee33: ↑

That's the golden question.. but trying to predict future prices.. well I guess that's what's got us in the situation we are in.

I find it best to stick to the announcements.

The problem of course the announcement you're referring to is the price of 6% in US dollars..
CXO unfortunately are producing a much lower grade. If you go by the latest quarterly figures - *Quote:Spodumene concentrate of 10,199t at 4.8% grade was sold at an average realised price of US$648/t6. The realised price was 54% lower than the prior quarter, reflecting the decline in the price of spodumene concentrate during the quarter.

* another extremely important fact that I notice is not being discussed is the fact that now that we are not supplying lithium as per contract we are now liable to be paying 10% (I'm not sure of this figure but this is my understanding) of current price for lithium not supplied and purchase from other vendors.

I would like to hear more from more knowledgeable investors on the exact breakdown and payments required moving forward on lithium not reaching the contracted supply amounts.

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Great post with real information and insights instead of a copy/paste job with hypotheticals that have no real substance

CXO Price at posting: 8.3¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 9.5¢		Change -0.004(3.57%)		Mkt cap ! $200.8M

Open	High	Low	Value	Volume
9.7¢	10.0¢	9.4¢	$1.204M	12.45M

Buyers (Bids)

No.	Vol.	Price($)
16	1488759	9.4¢

Sellers (Offers)

Price($)	Vol.	No.
9.5¢	350005	24

View Market Depth

No.	Vol.	Price($)
15	1482459	0.094
14	831163	0.093
10	1226254	0.092
11	785449	0.091
28	1381593	0.090

Price($)	Vol.	No.
0.095	355172	25
0.096	679453	7
0.097	397000	4
0.098	517200	4
0.099	562764	3

Last trade - 15.53pm 17/09/2024 (20 minute delay)

CXO (ASX) Chart