This is my concern and why I sold down yesterday. From what I understand that is likely to be the case. Obviously my fault that I did not understand that Grants had only 2-3 years worth of ore. That combined with the fact that FID for BP33 is not even done yet points to a risk that yes they may run out of ore before BP33 gets going. If that's the case then CXO is in big trouble. For me it's a small LT holding now but I may come back in once it's clearer that BP33 is a go and is a good ore body.
Still a Li bull so I have moved to PLS which was also down yesterday to see if I can recover my losses from CXO. DYOR!!!
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 1081519 | 10.0¢ |
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Price($) | Vol. | No. |
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10.5¢ | 1121658 | 7 |
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No. | Vol. | Price($) |
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14 | 1081519 | 0.100 |
12 | 577276 | 0.099 |
10 | 742541 | 0.098 |
7 | 659804 | 0.097 |
6 | 479347 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 1121658 | 7 |
0.110 | 1164381 | 17 |
0.115 | 1506823 | 16 |
0.120 | 2579442 | 30 |
0.125 | 2319771 | 40 |
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