CXO did better than my other 3 lithium stocks on Thursday and Friday.
Lithium sector has had a great little run and is/has just corrected itself imo.
Nothing to worry about. Big things to come for the lithium sector in the short, medium and long term imo.
From my research the gold side of things aren’t factored in to current MC and good results will see the next leg up, if results are bad, we may see a very small dip in SP but will be taken up in no time soon after.
If results are good and we get more positive gold drilling results then a CR would not surprise me in the short term, but this would be a good thing at the current MC and a big expansion into gold as-well....
Not all CRs drop the SP and can have quite the opposite effect. (look at LKE recently)
I would think an increase in lithium resource to come soon also.
CXO is a long term hold for me and I’ve topped up 3 times on dips in the past 3 weeks including on fridays pull back. CXO is now my biggest holding in my portfolio.
All imo and GLTAHs,
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $309.8M |
Open | High | Low | Value | Volume |
14.5¢ | 14.8¢ | 14.5¢ | $50.64K | 347.6K |
Buyers (Bids)
No. | Vol. | Price($) |
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38 | 1961977 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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15.0¢ | 1663363 | 43 |
View Market Depth
No. | Vol. | Price($) |
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37 | 1961126 | 0.145 |
59 | 4957974 | 0.140 |
119 | 4551914 | 0.135 |
92 | 3734241 | 0.130 |
38 | 1754663 | 0.125 |
Price($) | Vol. | No. |
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0.150 | 1732331 | 44 |
0.155 | 2037291 | 35 |
0.160 | 2899991 | 57 |
0.165 | 1164513 | 32 |
0.170 | 1828551 | 30 |
Last trade - 11.02am 14/05/2024 (20 minute delay) ? |
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Last
14.5¢ |
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Change
0.000 ( 2.36 %) |
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Open | High | Low | Volume | ||
14.8¢ | 14.8¢ | 14.5¢ | 205498 | ||
Last updated 11.18am 14/05/2024 ? |
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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