CXO
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3.45% 9.0¢ core lithium ltd

CXO Good value if Spod conc prices can hold around these levels...

  1. ecker
    1,220 Posts.
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    28/07/23
    10:59
    Post #: 69033927
    CXO Good value if Spod conc prices can hold around these levels through out FY24.. good margins.. CXO spending Capex to resolve water issue.. and doing study on what is the cause of the fines problem.. but if you taking pessimistic view on Li price next year then...

    If BP33 FID and feasibility study on track to be completed CY24 Qtr1~ March 2024.. and CXO continue to grow resource.. then we see upside later in the medium term
    Last edited by ecker: 28/07/23
    CXO Price at posting: 64.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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