Quarterly is sound report in my opinion given the activities undertaken since new CEO Mr. Paul Brown was appointed back in May 24 following the Strategic Review and suspension of mining operations and to his credit he and the board didn't take long to stamp their authority and direction. Just a few of the Highlights. Aug24 - Non-Binding indicative offer for Charger Metals Sep24 - Exploration update at Napperby Uranium Project Sep24 - Strategic investment in Charger Metals Sep24 - Positive gold & lithium results at Shoobridge Sep24 - Lithium ore Reserve Upgrade Oct24 - Gold hits continue as drilling resumes at Shoobridge Nov24 - New High-Grade lithium drill results within 20kms of Grants at Blackbeard Dec24 - Alicia Sherwood appointed as Non-Executive Director Mar25 - Large gold system emerging at Shoobridge Mar25 - Finniss restart study & operations update Mar25 - Transition to full infrastructure ownership - BIG tick Company has been making the most of the mining downtime and have progressed in many areas. PS: I think we also still have 5,178 wmt of spodumene concentrate and 75,000 wmt of lithium fines available for sale with a then (July 24 ) market value of ~$14.8M I'm sensing a positive purpose reset for this company and as the sector is finally starting to adapt & rationalise it makes the current MC look a bit juicy, well that's how I'm seeing it, good luck all.
CXO Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held
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