HotCopper has news, discussion, prices and market data on CORE LITHIUM LTD. Join the HotCopper ASX share market forum today for free CXO is shapimg up to be avery decent multifacted resource company IMO, with a resource at fairly shallow depths, after lithium, gold, uranium (Biden is pro nuclear power ) silver coppoer , who knows where this could go. I have been here since around 2015 , shallow depths and ease of transport (Darwin Harbour) low costs kept me here..
CXO is going to go crasy. Major lithium holding with the first NT permits held and about to be executed. Also holds Gold, Uranium and a few other metals. Watch it double in 3 months. Look at its chart it formed a base and is starting to unleash. But in saying its time to get in its actually a great holding stock $300 CXO cost per ton. $435 per ton profit. 225,000 tons p.a. planned. Annual net profit = $98m. Likely 25-30 MT deposit already (15MT at 1.4% JORC already). GXY's revenue is $74m. MC $2bn. Forecast to be $112m this year. That's not even their profit, just revenues. That puts us at over $2bn MC in theory, once mining
CXO (ASX) CXO the timing is perfect - HotCoppe
CXO seems poised to have many opportunities avail to them. While lithium is the main game and the announcement by Ya Hua gives us more confidence. The kicker for us WILL be the gold discovery it could or more likely will introduce a different investor base to the registry.We could be on a path to a rapid appreciation of our SP
LTR up 15% today, CXO down 11% both looking for Lithium in the same area (Bynoe fields). Something doesn't add up here, seems like market manipulation on CXO to buy in at a cheaper price before announcement. In the end, all of this won't matter once the announcement is made within the next 2 weeks, all that will matter then is the result
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About Us . ASX-listed Core Lithium Ltd (ASX: CXO) is well positioned to be Australia's next lithium producer, developing one of Australia's most capital efficient and lowest cost spodumene lithium projects located near Darwin Port in the Northern Territory, Australia. Core's 2019 Definitive Feasibility Study (DFS) highlights production of 175,000tpa of high-quality lithium concentrate at.
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