Core Lithium

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Question asked 20/05/2023

Core Lithium

Hi James Firstly I would like to congratulate you on your appearance on Ausbiz yesterday in its webinar. My question is Core Lithium a buy as it is actually now in a production phase. Or is there a preferred stock in this space

Answer

Thanks David,

I think it is with FY24 being the year where earnings really start to ramp up. We have Pilbara (PLS) given its producing, throwing off lots of cash etc, while we also own Global Lithium (GL1) which is a higher risk exploration company. CXO is in between these two in terms of risk profile. We like it, and believe it will trade higher from here, although we are not holder.

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Core Lithium (CXO)

LAST UPDATED 20/05/2023 08:27

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