CXO

0.00%

10.0¢ core lithium ltd

Ann: First Full-year Profit as a Lithium Producer, page-135

First 135 Last

Share
Profile

Follow
Cosmoterios

19,072 Posts.

2666

01/10/23

15:45

Post #: 70119895
Share

Originally posted by jasonken17: ↑

As much as I see issuing the FY2025 guidance as unusual, bad management, or maybe intentionally to get the price down to a very attractive level for an insto. focused CR, and I'm still very disappointed about this approach by mngt and the BOD, it is so obvious to me that GM was re-setting the base position of the company and getting any potential bad news that could potentially happen in next 2 years out into the public sphere. In this way, other than a breakdown in machinery leading to downtime, there really is nothing that could go wrong now that hasn't been made public.

In this way he is rebuilding the company brick by brick from the ground up and GM has explained this through all of the steps being taken to overcome water issues, increase processing efficiency, all bottlenecks, accelerating BP33 startup and securing the future through further exploration both at Grants, BP33, Carlton etc.

The FY2025 guidance is on an 'as is' basis which of course will change in a positive way in the short-term given the monies being spent on exactly that. That's the intention and will consolidate the view of the direction of the company and attract further insto. investment, on market.

To me it everything happening is systematic, structured, planned and very intentional. Whether GM is that capable, or he is getting strong guidance from BOD or investment banks, I do not know, but to me it seems well thought through. Yes, I've been a CFO of a couple of listed companies.

Clearly we're at a sentiment pivot upon announcement of the Annual Report and from my simple viewpoint bulletproof, except of course the Spod price which is out of our control and unfortunately has the largest impact on SP.

Just my humble opinion.

Expand

Next 3 months will be good for CXO, IMHO.

The bad news have been priced in.

Short of a melt down on Li prices or breakdown in machinery, our SP should go up.

SP drivers:

- Quarterly on cashflow,

- Updates on life of mine, and

- FID on BP33.

AIMHO

Last edited by Cosmoterios: 01/10/23

CXO Price at posting: 40.5¢ Sentiment: Hold Disclosure: Held
32 Upvote

4 Great analysis

Reply

Top Stories

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The winners & losers on market if negative gearing were gone

ESR

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

NAM

ACCC seeks Olam divestments before it can buy Namoi Cotton

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

STK

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The market's shrugged at China's stimulus measures all year. Why is this one different?

There are more pages in this discussion • 54 more messages in this thread...

First 135 Last

Add CXO (ASX) to my watchlist

(20min delay)
Last 10.0¢		Change 0.000(0.00%)		Mkt cap ! $214.3M

Open	High	Low	Value	Volume
10.0¢	11.0¢	10.0¢	$1.502M	14.37M

Buyers (Bids)

No.	Vol.	Price($)
78	5970714	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	250000	2

View Market Depth

No.	Vol.	Price($)
60	4873822	0.100
10	526569	0.099
10	358265	0.098
3	220309	0.097
5	1200005	0.096

Price($)	Vol.	No.
0.105	250000	2
0.110	6839988	87
0.115	2570220	41
0.120	2208891	32
0.125	1526049	28

Last trade - 16.10pm 27/09/2024 (20 minute delay)

CXO (ASX) Chart

Ann: First Full-year Profit as a Lithium Producer, page-135

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The winners & losers on market if negative gearing were gone

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

ACCC seeks Olam divestments before it can buy Namoi Cotton

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

KalGold rolls out detailed aeromagnetic survey across Pinjin project

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The market's shrugged at China's stimulus measures all year. Why is this one different?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: First Full-year Profit as a Lithium Producer, page-135

Top Stories

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The winners & losers on market if negative gearing were gone

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

ACCC seeks Olam divestments before it can buy Namoi Cotton

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

KalGold rolls out detailed aeromagnetic survey across Pinjin project

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The market's shrugged at China's stimulus measures all year. Why is this one different?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News