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
12.5¢ |
Change
0.010(8.70%) |
Mkt cap ! $267.8M |
Open | High | Low | Value | Volume |
12.0¢ | 13.0¢ | 11.5¢ | $1.400M | 11.34M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 1191748 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 4186301 | 43 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 1191748 | 0.125 |
37 | 5494981 | 0.120 |
56 | 4171206 | 0.115 |
88 | 5844712 | 0.110 |
58 | 4373019 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 4181301 | 42 |
0.135 | 1731155 | 33 |
0.140 | 1185332 | 25 |
0.145 | 1018057 | 22 |
0.150 | 1117454 | 30 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |