Hi everyone,
I've been waiting on the sidelines for about 18 months but just bought back in yesterday. 4.1c seemed like a good entry point.
Now hoping for some good news during the next couple of weeks.
CXO was always on my watchlist but I was never really 100% sure if they would make it that far.
However, the following facts convinced me to take another position.
- 100% ownership of Finniss
- Super close to Darwin Port (approx 90km), very good infrastructure such as roads, gas, etc.
- Apparently one of Australia's highest grade lithium resource (at 1.4% lithium oxide)
- Planned production of high quality 5% spodume concentrate
- Current Mkt Cap of AUD 32M (pretty low IMO and lots of potential)
- Fast track production ramp up
- Chance of developing nearby BP33 deposit as well as others, extending mine-life (although I think they might juggle too many balls at once and should focus on 1 or 2 only).
- many more...
I hope my decision to buy back in was a good one. Let's see.
Looking forward to some further (local) insights and updates from @seastan67
Greetings from Switzerland
All IMO and DYOR
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $225.0M |
Open | High | Low | Value | Volume |
11.0¢ | 11.3¢ | 10.5¢ | $1.080M | 9.849M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
110 | 8188218 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 368603 | 9 |
View Market Depth
No. | Vol. | Price($) |
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109 | 8185218 | 0.105 |
164 | 9434403 | 0.100 |
8 | 550868 | 0.099 |
8 | 720631 | 0.098 |
7 | 127729 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 368603 | 9 |
0.115 | 1870954 | 28 |
0.120 | 5177967 | 42 |
0.125 | 5326266 | 63 |
0.130 | 4142941 | 59 |
Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
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