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
9.3¢ |
Change
-0.007(7.00%) |
Mkt cap ! $198.7M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.2¢ | $2.498M | 26.33M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 323514 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.4¢ | 483232 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 243514 | 0.093 |
13 | 730837 | 0.092 |
28 | 1660665 | 0.091 |
44 | 1445855 | 0.090 |
13 | 888836 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.094 | 483232 | 6 |
0.095 | 729646 | 8 |
0.096 | 1376989 | 10 |
0.097 | 748346 | 6 |
0.098 | 637487 | 4 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
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