CXO 3.41% 9.1¢ core lithium ltd

Hi everyone,I've been waiting on the sidelines for about 18...

  1. 63 Posts.
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    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
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Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
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