I was wondering if we could make a scenario of 50% increase and 100% increase resource size then what CXO market cap will look like.
Second number we could change In the DFS is the spodumene price to $850-900 range for both scenarios by the time we go to production and lock in agreements. (Optimistic spodumene price based on the predicted shortfall in supply in next 2-3 years)
My rough calculation made my buy another large parcel of shares today. The 24c hump is going to vanish in thin air once people will realise the potential upside. DYOR, GLTAH.
Spodumene Price, page-22
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $299.1M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 14.0¢ | $435.0K | 3.092M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 1229973 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 4365131 | 53 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
14.0¢ |
Change
0.000 ( 0.92 %) |
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| Open | High | Low | Volume | ||
| 14.3¢ | 14.5¢ | 14.0¢ | 3350539 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| CXO (ASX) Chart |