For the fun to begin we need to get over the 9 cents speed hump. Over 40 million shares to be sold at 9 cents or over. Need a big volume day to wipe these out.
You are right about Uranium, management needs to remind the market of their plans in the near term.
They should put out a presentation highlighting the 3 metals:
- Lithium
- Uranium
- Zinc
Then they should explain how and why the values of these commodities rose, and finally explain potential value of CXO assets at various commodity prices. Let's hope management have some foresight on unlocking value out of their enviable portfolio.
In the short-term Finniss assays will set the tone. Let's hope they delight!
CXO Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held
