CXO 3.57% 14.5¢ core lithium ltd

Mining companies allow a few months to onboard any incoming...

  1. 1,866 Posts.
    lightbulb Created with Sketch. 988

    Mining companies allow a few months to onboard any incoming roles.. this alliance with the current plan to wrap up the current contracts with processing staff.
    (this is not some random assumption as I work in the field of infrastructure maintenance and management for BHP)
    normally I would say this is a bad move as the new staff are coming in without any experience in the fine tuning of the plant to date.. however if the current team have only been able to achieve 4.7 and 4.8% I think it's time they do get fresh eyes involved.. they need to quickly improve this up to a minimum of 5.2-5.5

    with the wet season nearing its end they also need to quickly implement a firm plan on restocking the ROM. Actually and luckily this is the easiest part of mining we are already at paydirt just a simple matter of digging it out and transporting it to the pad.

    it's quite a simple equation- no ore= no processing- no processing= no money
 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
14.5¢
Change
0.005(3.57%)
Mkt cap ! $309.8M
Open High Low Value Volume
14.0¢ 14.5¢ 14.0¢ $387.1K 2.721M

Buyers (Bids)

No. Vol. Price($)
136 2682213 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 979261 16
View Market Depth
Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
14.5¢
  Change
0.005 ( 2.18 %)
Open High Low Volume
14.5¢ 14.5¢ 14.0¢ 1822096
Last updated 15.59pm 26/04/2024 ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.