Seems timely to mention this again...CXO in the lithium space...

Seems timely to mention this again...
CXO in the lithium space has a similar vibe to FMG in the iron ore space in its early days...except CXO has zero debt and are about to be producing a resource with once in a lifetime supply and demand constraints that are expected to continue for many years as the global EV and lithium battery transition is realised.

For a bit of perspective, FMG jumped from $0.60 in March to around $0.90 in July, 2006 and over the last 3 month's has been trading between $18-23. FMG has gone on to pay dividends of close to 3x their July 2006 price over the past couple of years. I am not saying it will play out exactly the same, but it is nice to be reminded of how what seems impossible can come to fruition and how looking beyond FUD can lead to incredible results.