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0.00% 50.5¢ leo lithium limited

CXO will be forced to raise again when LLL and LTR come online...

  1. WoodySpoon
    9,574 Posts.
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    27/10/23
    15:28
    Post #: 70580183
    CXO will be forced to raise again when LLL and LTR come online next year and the lithium price goes lower.
    55% recoveries and only a 5.2% concentrate, with a fragmented and small resource in a high opex country....so may red flags it looks like a PRC rally. Feel sorry for those that couldn't push the sell button over $1.50 there. I doubt they ever get near $1 again.
    LLL Price at posting: 50.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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