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Core Lithium Ltd (CXO) $1.08

Core Lithium Ltd is a $2bn Australia-based mineral exploration company focused on the development of Finniss Lithium project and other prospects in the Northern Territory and South Australia. In line with the tone of the market since COVID, the quality stocks have floated to the top like cream in old-fashioned milk bottles. A decent bounce in CXO wouldn’t surprise but it’s not a stock we would be comfortable holding during a market correction hence as such it’s not on the MM menu at this stage.

  • We continue to prefer the likes of PLS over CXO.
MM is neutral CXO
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Core Lithium Ltd (CXO)
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