Australia's largest stock trading and investment forum Australia's #1 stock forum

CXO

Click for more information

4.55%

10.5¢ core lithium ltd

Banter and general comments, page-18089

First 18089 Last

Share
Profile

Follow
Cosmoterios

19,072 Posts.

2666

18/11/22

16:09

Post #: 64860624
Share

Originally posted by BPLithium: ↑

Agree all can be guilty of that. But when your in "the assumptions" business, and I have worked, trained and mentored others, it is of paramount importance to have a sound understanding, with appropriate research, of the basis of your assumptions. I would tell the juniors if you don't know then flip a coin, heads or tails, and be ready to have strips torn off your body when someone questions your assumptions, at least you have 50/50 chance of being right. My message got across .
Most people accept that assumptions can be wrong, its the workings arriving at the assumptions which can lead to constructive debate or discussion.
And yes, normally how the payment system works for FOB (free on board), however I believe Core sold DSO, as CIF (inclusive of customns, insurance and freight costs) to the customers door (figuratively speaking). As a customer I would not be making final payment until it arrived.
(Umm might need to check if CIF or FOB, relying on memory here )

Expand

Regardless of whether its FOB or CIF, payment is made once a bill of lading is presented to the bank who issued the letter of credit.

As an exporter, you don't have to wait until the goods reach its destination.

CXO Price at posting: $1.40 Sentiment: Buy Disclosure: Held
14 Upvote

0 Great analysis

Reply

Top Stories

PFE

Pantera begins drilling of maiden test well at Smackover

C29

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

QHL

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

There are more pages in this discussion • 21,385 more messages in this thread...

First 18089 Last

Add CXO (ASX) to my watchlist

(20min delay)
Last 10.5¢		Change -0.005(4.55%)		Mkt cap ! $225.0M

Open	High	Low	Value	Volume
11.0¢	11.3¢	10.5¢	$1.015M	9.421M

Buyers (Bids)

No.	Vol.	Price($)
101	7932924	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	1975375	18

View Market Depth

No.	Vol.	Price($)
101	7932924	0.105
177	9235001	0.100
8	298868	0.099
7	109339	0.098
5	107228	0.097

Price($)	Vol.	No.
0.110	1975375	18
0.115	2198772	25
0.120	7158563	56
0.125	4559735	62
0.130	3840170	56

Last trade - 16.10pm 07/11/2024 (20 minute delay)

CXO (ASX) Chart