I don’t hold CXO or AZS, but if you can’t see the value in one to three large deposits likely to total 100 to possibly hundreds of MT then you need to give up investing in miners.
CXO would probably need to prove up 20-30 deposits to make 100mt given the nature of the pegmatite field at finniss. Each one requiring feasibility, pre-strip etc to mine it.
use your melon.
Ann: Diggers and Dealers Presentation, page-75
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.0¢ |
Change
0.003(3.09%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.8¢ | $1.387M | 13.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 2472934 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 3147367 | 54 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |