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0.94%

5.4¢ centrex limited

NOTE: Ran out of time to edit Offtake. Existing or new offtake...

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GuruSwami

121 Posts.

26

08/04/21

21:18

Post #: 52343041
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Originally posted by GuruSwami: ↑

My discussion with CXM indicated the focus was finance and not much else. Good news that the appointment of the new secretary is adding support here. With this focus there was no one focussing on the sale of already mined product. Also no plans to commission the existing mining equipment for the staged production and early cash flow, as the focus was pushing for full capacity. FInance for total production, somewhere around $160-$180m. Also mentioned no current offtakes in place as significant offtake discussions could not gain traction (or further traction) without being in production. Also discussed was the existing contract with IPL, as we know they have first right to first 20% of production, this is not linked in anyway to spot prices and details of this were confidential. I did hold, but sold after discussion, felt CXM was to early for my investment strategy. GLTASH.
DYOR & only my opinion.
Cheers,
GS

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NOTE: Ran out of time to edit Offtake. Existing or new offtake discussions could not gain further traction without being in or close to production.
DYOR

CXM Price at posting: 5.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 5.4¢		Change 0.001(0.94%)		Mkt cap ! $45.85M

Open	High	Low	Value	Volume
5.3¢	5.4¢	5.3¢	$24.72K	466.0K

Buyers (Bids)

No.	Vol.	Price($)
1	173	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.4¢	108000	2

View Market Depth

No.	Vol.	Price($)
1	173	0.053
3	325000	0.052
4	224612	0.051
1	10000	0.050
2	121632	0.049

Price($)	Vol.	No.
0.054	108000	2
0.055	60000	1
0.056	84000	1
0.057	48277	1
0.060	45856	2

Last trade - 14.44pm 06/05/2024 (20 minute delay)


Last 5.3¢			Change 0.001 ( 0.00 %)
Open	High		Low	Volume
5.3¢	5.3¢		5.3¢	86622
Last updated 12.40pm 06/05/2024 ?

CXM (ASX) Chart

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