CXO 0.70% 71.5¢ core lithium ltd

$1 party, page-280

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    CXO comparison with PLS

    CXO currently has a capitalisation of $650 million PLS $5.8 Billion (about nine times higher)
    Expected production 2022 175000 tonnes Expected production approx 480,000 tonnes or thereabouts

    So CXO will be producing approx 35% of what PLS is producing.

    So based on that, CXO theoretically should be about 35% of the capitalisation of PLS
    Which is about $2 Billion or about 3 times current share price.

    CXO has been under the radar for awhile but a re-writing of the share price should be on the cards to about $1.75
    Assume lithium price increase in the next year or so and that share price will be more.

    Anyway that is the way I see it. Please correct me if I am wrong or my assumptions are a little overboard, but I see current share price as dirt cheap.
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Mkt cap ! $1.188B
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74.5¢ 75.5¢ 69.0¢ $15.30M 21.33M

Buyers (Bids)

No. Vol. Price($)
5 47407 71.5¢

Sellers (Offers)

Price($) Vol. No.
72.0¢ 108479 12
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Last trade - 12.57pm 28/01/2022 (20 minute delay) ?
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75.0¢ 75.5¢ 69.0¢ 9187929
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