CXO 3.33% 15.5¢ core lithium ltd

CXO comparison with PLSCXO currently has a capitalisation of...

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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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Last
15.5¢
Change
0.005(3.33%)
Mkt cap ! $331.2M
Open High Low Value Volume
15.5¢ 16.0¢ 15.0¢ $1.735M 11.27M

Buyers (Bids)

No. Vol. Price($)
201 6158017 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 79871 3
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
15.3¢
  Change
0.005 ( 1.49 %)
Open High Low Volume
15.5¢ 15.8¢ 15.0¢ 5716517
Last updated 15.59pm 29/03/2024 ?
CXO (ASX) Chart
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