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
7.9¢ |
Change
-0.004(4.82%) |
Mkt cap ! $168.8M |
Open | High | Low | Value | Volume |
8.4¢ | 8.5¢ | 7.8¢ | $2.325M | 28.60M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 291639 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 880000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 291639 | 0.079 |
12 | 950781 | 0.078 |
6 | 1023000 | 0.077 |
16 | 1090521 | 0.076 |
31 | 953330 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 880000 | 4 |
0.081 | 430644 | 6 |
0.082 | 161259 | 5 |
0.083 | 776266 | 12 |
0.084 | 873983 | 10 |
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