CXO 1.79% 14.3¢ core lithium ltd

Hi DeedeeI agree with you atm the future looks bleak and is...

  1. 208 Posts.
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    Hi Deedee

    I agree with you atm the future looks bleak and is somewhat concerning. I also agree with Stu in that all the lithium that can be found is going to be sought after as the world goes green. What we must remember is what has landed us in this position which is the poor price of our goods. To get our wheels back in motion we need the price to rise....sooner rather than later. Recent data suggest that the price has bottomed and starting its way back. Does this mean it has bottomed? Not really as who knows what is around the corner. If old mate Putin starts throwing some fancy bombs around the price of lithium isn't going to be much of a concern for us.

    Hopefully CXO can hold on for when the price returns to reasonable levels. The current scenario is a concern and I hope the board once it settles can make some positive moves to ensure our contractual obligations don't start working against us. Not much positive to report at the moment as we all know but the sun will come up tomorrow and if we keep a heart beat the wheel will turn and we will make some money.

    GLTAH
 
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