CXO 4.65% 9.0¢ core lithium ltd

Ann: Core Lithium Half-year Report, page-102

  1. 4,913 Posts.
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    These job ads are bearish, not bullish.

    CXO has already informed the ASX they have given Primero notice that the DMS plant contact will end post-stockpiling (likely in June). They have not updated the ASX to say otherwise, since.

    The fact that Primero are suddenly advertising a flurry of jobs suggests that workers have realised they’re on borrowed time and starting to find work elsewhere (as you would - why wait and watch as your colleagues nabbed secure employment elsewhere, and yourself miss out?)

    As for the poster mentioning “another group” so you can “really know” what’s happening with the company - sounds like a typical boiler room where the bulls get together and pretend everything will work out fine. The real news is found in reading the company announcements with a degree of cynicism, like when they released their “oh, we started a strategic review” on the last trading day before the Christmas break, when the stock was 33c. Massive red flag about their transparency to shareholders (the actual owners of the business!) right there. And people like @Ruperton blame HotCopper users… righto.
 
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9.0¢
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