CXM 2.56% 3.8¢ centrex limited

Give them a break, mate. This company has almost perfect...

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  1. 850 Posts.
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    Give them a break, mate. This company has almost perfect transparency in communication. What they are not transparent about is probably due to being cautious, which you'd want in management.

    Yes, there is some vagueness in communication around sharp edges, but you could read between the lines. Weather was shit, so drying pads would not be dry and rock itself would be wetter than planned. Still better than having a mine flooded by 7 metres and out of operations for months, as was the case with some miners in the area.

    Can't remember exactly what their payment terms were stated as, but it would likely be FOB so no prepayment.

    The chart wants to pop, the longer it takes the bigger the pop will be.
    Last edited by Happ: 03/05/23
 
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