CXO 5.10% 9.3¢ core lithium ltd

Short Mine Life 7-10 Years - Problem?

  1. 3,085 Posts.
    lightbulb Created with Sketch. 232
    Its seems CXO currently has a very short mine life 7-10 Years. Is this too short compared to a 40 year mine life ("gold standard")?

    Yes it's forecast to produce 175ktpa of EV Lithium which is higher than big boys PLS and GXY, but they have 40+ year mine life, not 7?
    https://hotcopper.com.au/data/attachments/2854/2854637-06e9e40fd93b50767ad8712a7f26796a.jpg
    https://hotcopper.com.au/data/attachments/2854/2854647-7f4ea667e155217c06da3b18c7dce111.jpg
 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
9.3¢
Change
-0.005(5.10%)
Mkt cap ! $198.7M
Open High Low Value Volume
9.9¢ 10.0¢ 9.3¢ $3.295M 34.70M

Buyers (Bids)

No. Vol. Price($)
7 365887 9.3¢
 

Sellers (Offers)

Price($) Vol. No.
9.4¢ 883409 8
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.