CXO 1.08% 9.2¢ core lithium ltd

Banter and general comments, page-654

  1. 2,397 Posts.
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    Makes me laugh if people think we might be overvalued given our Lithium mine and processing plant not far from being built, the huge potential for the development of our gold fields, silver tenements, uranium, copper etc..

    Look at the likes of AVZ, a company trying to get lithium out of the DRC (that's in a war torn part of Africa for the uninitiated), 1400km from the nearest port, no rail link, years and years away from getting to production, and they are sitting at a MC of $550m.

    We're in a mining friendly, politically stable country, an hour away from the closest Australian port to Asia and all the biggest processors, and simply awaiting FID.

    That's the MC we'll be within the next 6 months, if not well before.

    My https://hotcopper.com.au/data/attachments/2869/2869849-340cbd373a5169664b4bccafa0d18a66.jpg
    Last edited by mrplough: 03/02/21
 
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