Thank God someone on here can interpret the information that has been provided by cxo.
it looks pretty bad.
I am hoping the global macro economy holds and show spot of improvement to encourage consumer confident to buy EVs, especially in usa and europe. If jhina economy improves, it would be a dream.....but i wont hold my breath.
i dont even know if cxo is capable of producing any decent lithium to generate revenue until they can get BP33 up and run... so i consider cxo an explore with 2.5 yrs until production at bp33, if all goes according to plan.
The only tailwind that can help cxo sp are:
* Improvement in global economy, and
* usa economy is projected to have soft landing while maintaining high employment, therefore buy more EVs.
* increase sale of EVs in the next 3 months due to policy lag in jhina, usa or europe.
* demand for Li increase towards 2026, when a few of the giga battery factories around the world comes into full productiom. And peaking into 2027 onwards.
This is on the assumption that cxo dont come out with any bad news and must provide an indication when the next shipment will be within the next 3 months.
- Forums
- ASX - By Stock
- CXO
- Banter and general comments
Banter and general comments, page-29887
-
- There are more pages in this discussion • 9,270 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXO (ASX) to my watchlist
|
|||||
Last
9.0¢ |
Change
-0.002(2.17%) |
Mkt cap ! $192.3M |
Open | High | Low | Value | Volume |
9.2¢ | 9.3¢ | 9.0¢ | $782.5K | 8.617M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
101 | 5022608 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.1¢ | 157551 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.100 |
1 | 10000 | 0.092 |
2 | 108 | 0.091 |
87 | 4781383 | 0.090 |
13 | 604005 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 36321 | 2 |
0.086 | 40000 | 1 |
0.088 | 38685 | 1 |
0.090 | 268274 | 8 |
0.091 | 226446 | 6 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |