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
- Forums
- ASX - By Stock
- CXO
- Ann: Diggers and Dealers Presentation
Ann: Diggers and Dealers Presentation, page-30
-
-
- There are more pages in this discussion • 88 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
(20min delay)
|
|||||
Last
8.5¢ |
Change
-0.001(1.16%) |
Mkt cap ! $181.6M |
Open | High | Low | Value | Volume |
8.7¢ | 8.8¢ | 8.5¢ | $1.157M | 13.39M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 721293 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.6¢ | 223000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 721293 | 0.085 |
12 | 991306 | 0.084 |
13 | 1879453 | 0.083 |
13 | 891042 | 0.082 |
10 | 740958 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.086 | 223000 | 3 |
0.087 | 543015 | 4 |
0.088 | 736287 | 9 |
0.089 | 497206 | 8 |
0.090 | 758266 | 10 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO & MD
Anthony Noble
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online