Ann: Finniss Mineral Resource Increased by 58%, page-125

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zara1950

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19/04/24

09:00

Post #: 73418981
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Originally posted by Phantom77: ↑

where do all the supporters of cxo come up with all the figures of forecasted profit from.

who cares about resources amount increase by 58%....quality maybe poor..... the market does not care.... sp 14.5c now.

if they really support cxo.... bloody buy more shares, as its cheaper than a week ago.

one no knows what the quality of the ore will be, until they dig it out of the ground. Cxo may have hired another shit geologist, like last time. Grant ore body was of poor quality... shareholders only found out when the AFR wrote an article on cxo as to why it tanked that day.

who knows when the grant mine will be reopened.
Yet, cxo still burning money.

soon, sp will be 11c as projected by a fund manager.
Still like to know the insto/person buying at 19c to keep sp high for months. As there is no date for when grant mine will be reopen, sp has to drop.

cxo should have gone with uranium.

interesting how uranium price has increased but the bulk of the demand will be in 10 yrs time or less. It is estimated a few hundred reactors are being built now or in design stage.

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another nuclear accident if it was to happen will put paid to this uranium hype pretty quickly
and another 3/4 years of federal labour / there’s even a chance they will get three terms /can’t see it getting much traction in Australia any time soon

CXO Price at posting: 14.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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