Firstly, you have made it clear that you don't know how to read so you prediction about spod prices are as accurate as trying to win a $2 scratchy - I assume you have $2 given your significant losses from buying CXO well above 70c.
A low cost Chinese lithium producer stopped production recently at the current lithium price level - this typically indicates the bottom of the cycle...
Drilling is budgeted for and the amount budgeted for spending is quite small compared to the LARGE cash balance on hand. Not to mention the spare spod on hand to be sold in the future when cash is needed.
The small drilling cost has already proven likely to increase CXO resources using existing facilities.. lower cost of production per tonne in the future?
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Firstly, you have made it clear that you don't know how to read...
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10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $225.0M |
Open | High | Low | Value | Volume |
11.0¢ | 11.3¢ | 10.5¢ | $536.3K | 4.933M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
96 | 4283334 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 1066000 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
87 | 3900146 | 0.105 |
155 | 9978139 | 0.100 |
11 | 471655 | 0.099 |
9 | 275882 | 0.098 |
4 | 141618 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 766000 | 4 |
0.115 | 2748372 | 26 |
0.120 | 2964997 | 41 |
0.125 | 3159705 | 45 |
0.130 | 5135650 | 43 |
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