AU gov believes lithium spodumene will hit $4,010/t in 2023.
CXO has 10.6mt of ore reserves (proved + probable).
= $42.5 b
Assume 5% discount rate...still looking at $40.5b. Assuming prices go down to $3000/t you're still looking at ~$30b.
Current market cap = $1.95b.
Am I missing something? Seems significantly undervalued still.
Demand versus Supply, page-59
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 126857 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.0¢ | 11261 | 1 |
View Market Depth
| Last trade - 09.42am 26/08/2024 (20 minute delay) ? |
| CXO (ASX) Chart |
Day chart unavailable