Ann: Becoming a substantial holder, page-58

There are a relatively high number of shares on CXO, but they are there for a reason (without going into CXO's fundamentals etc).

All I'm saying is that with 45MT reported above 1.3%, fast track permitting promised by Brazillian authorities, low cost to operate, and a likely favourable capex + imminent catalysts being PEA August, offtakes thereafter and continued drilling results in these corridor areas.....it's going to be hard for shorts to take control.

The only other variable is spod pricing which none of us can do anything about anyway.