A number of nickel mines have gone bust or are in hibernation, even Andrew Forest shut down his mine, Indonesia laterite low cost producers are wrecking havoc.
IMO this high cost producer won't survive, it'll go far below $0.11. Lithium should be bottoming around now but won't suddenly jump to make CXO profitable again.
Natural selection on nickel and lithium underway, survival of the lowest cost producers.
CXO - Chart Thread, page-8428
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $235.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.0¢ | $2.322M | 21.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 5251526 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1000347 | 15 |
View Market Depth
| Last trade - 14.20pm 12/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |