To all holders that worry too much,
Do your own research more again on this one of life time revolution. If you are all too worried about CXO then sell and find better investment, if you cannot handle shorts, manipulation and SP then go invest in Vanguard Managed funds Australian shares that just return double digits more than 16% or their International shares that just return more than 26% or renewal/Lithium ETF.
But if you choose to invest in CXO or other direct ASX companies, be prepared to invest long term (5 to 10 years) because Mining is very bloody hard and risky business. In particular CXO, we have other assets that are also very important for renewal, which is Zinc and read below to understand why it is also important. Plus Gold and Uranium. Btw, to understand about Zinc, go and read 2 days ago QR from S32 and how much they got for their zinc.
Use your brain and calculator and read lot of these and decide if you still believe in CXO or not. GM is just few months old in CXO and I do not defend him but will give him and his team chance to shine, I strongly believe he is fully aware of all challenges and these are his KPIs. I am 1000% sure he does not want to fail as it won' be good for his CV as the first CEO. He is indeed to make very successful so that he will prove to the CEOs world that he is capable of being CEO.
Read below.
It’s not all about lithium as zinc demand in transition to renewables grows (msn.com)
All my opinioon only and not financial advice.
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Price($) | Vol. | No. |
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