Hi everyone,
I've been waiting on the sidelines for about 18 months but just bought back in yesterday. 4.1c seemed like a good entry point.
Now hoping for some good news during the next couple of weeks.
CXO was always on my watchlist but I was never really 100% sure if they would make it that far.
However, the following facts convinced me to take another position.
- 100% ownership of Finniss
- Super close to Darwin Port (approx 90km), very good infrastructure such as roads, gas, etc.
- Apparently one of Australia's highest grade lithium resource (at 1.4% lithium oxide)
- Planned production of high quality 5% spodume concentrate
- Current Mkt Cap of AUD 32M (pretty low IMO and lots of potential)
- Fast track production ramp up
- Chance of developing nearby BP33 deposit as well as others, extending mine-life (although I think they might juggle too many balls at once and should focus on 1 or 2 only).
- many more...
I hope my decision to buy back in was a good one. Let's see.
Looking forward to some further (local) insights and updates from @seastan67
Greetings from Switzerland
All IMO and DYOR
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Last
9.7¢ |
Change
-0.004(3.50%) |
Mkt cap ! $207.2M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 9.6¢ | $2.322M | 23.52M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 247806 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.7¢ | 310213 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 247806 | 0.096 |
39 | 2669769 | 0.095 |
8 | 587575 | 0.094 |
10 | 455347 | 0.093 |
12 | 478394 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.097 | 310213 | 20 |
0.098 | 300552 | 12 |
0.099 | 681288 | 6 |
0.100 | 1642686 | 7 |
0.105 | 2001760 | 30 |
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