maybe I am...
maybe they should...
or
maybe I can read CXO asx reports - as this is what happened in public view from the start with Finnis; from 2018 DFS.
it's a high cost quartile project with high strip / Capex, which they started mining too early and had too much weathered rocks (fines) and recoveries were way out from DFS.
CXO promoted it as low cost quartile <$500/t then actual production numbers put it >$1800/t
this was in the DFS presented D for Definitive...
very dissatisfying as an investor to see the numbers so far out.
what makes them think another deposit that's deeper of similar grade with similar weathered rocks over the top is going to make it any better??
maybe we should NOT trust paid for articles in * and *********...
maybe we should NOT trust research from brokering houses who have a mandate...
BUT we SHOULD be able to trust a DFS...
just NOT from CXO.
maybe I am... maybe they should...ormaybe I can read CXO asx...
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Last
10.5¢ |
Change
-0.020(16.0%) |
Mkt cap ! $224.3M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 10.5¢ | $3.542M | 31.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 2955623 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 2160605 | 9 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
-0.020 ( 14.9 %) |
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| Open | High | Low | Volume | ||
| 12.3¢ | 12.3¢ | 10.5¢ | 17137999 | ||
| Last updated 16.00pm 06/06/2024 ? | |||||
| CXO (ASX) Chart |