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Core Lithium Ltd (PK) CXOXF

Core Lithium Ltd engages in the development of lithium and various metal deposits in Northern Territory and South Australia. It primarily explores for gold, silver, uranium, lead, zinc, rare earth elements, and base metals. The company was incorporated in 2010 and is based in Perth, Australia.


PINL:CXOXF - Post by User

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  • MaterialsManX
Post by MaterialsManon May 19, 2023 8:13am
195 Views
Post# 35456057

Something is up

Something is upIn overnight trading in Australia 5/18 & 19, CORE did about 5X its regular volume. It was also up in price. That has to indicate that something is going on. Perhaps it has to do with supplying TESLA with feedstock for the new processing plant in Texas. Many exploration companies are looking to get involved in the Lithium segment. The time lapse between discovery and production is significant. CORE Lithium is not late for the party, yet it is still very inexpensive with a low market cap. They are shipping material,and have all the customers they can handle, in addition to a growing resource. There is a lot to be said about logistics and the available work force as well.  All positives.

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