CXO 0.87% 57.0¢ core lithium ltd

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

  1. 58 Posts.
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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
57.0¢
Change
-0.005(0.87%)
Mkt cap ! $959.5M
Open High Low Value Volume
56.0¢ 57.5¢ 55.5¢ $1.560M 2.769M

Buyers (Bids)

No. Vol. Price($)
13 159828 56.5¢
 

Sellers (Offers)

Price($) Vol. No.
57.0¢ 134285 8
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Last trade - 10.36am 01/12/2021 (20 minute delay) ?
(live)
Last
56.5¢
  Change
-0.005 ( 0.98 %)
Open High Low Volume
55.0¢ 57.0¢ 55.0¢ 986321
Last updated 10.58am 01/12/2021 (live) ?
CXO (ASX) Chart
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