CXO holders will need to be patient. I can understand their strategy of pausing when the spod price crashed below $900. If by pausing (say 12 months), the spod price goes up by $1000, that’s an extra $200m worth of value for the 200kt of spod left to produce at Grants. Extra $200m cash is worth the wait. This will more than fund the completion of bp33 without any cr or loan.
Banter and general comments, page-37838
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $235.7M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.0¢ | $1.328M | 11.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 76 | 4367940 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 5209175 | 25 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |