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The company currently has over $8 million cash and is in no danger of going for a CR during this year. It is in the process of receiving assay results and also about to begin drilling on a much awaited Zola land. Compared to other lithium explorers, CXO is quite undervalued at the moment and catching up with peers could happen at any time. Announcements will keep coming so you will get a chance to sell your first shares with a reasonable profit at least within the next two months. Hope this would help to make your decision. Always do your own research. Good Luck!