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
9.1¢ |
Change
0.003(3.41%) |
Mkt cap ! $194.4M |
Open | High | Low | Value | Volume |
8.8¢ | 9.2¢ | 8.8¢ | $1.039M | 11.54M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 81119 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.1¢ | 1626537 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 81119 | 0.090 |
11 | 364179 | 0.089 |
15 | 963162 | 0.088 |
17 | 826188 | 0.087 |
21 | 1454148 | 0.086 |
Price($) | Vol. | No. |
---|---|---|
0.091 | 1576537 | 17 |
0.092 | 264140 | 7 |
0.093 | 395277 | 8 |
0.094 | 258479 | 5 |
0.095 | 1176646 | 12 |
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