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!!!
This is my concern and why I sold down yesterday. From what I...
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Last
10.0¢ |
Change
-0.010(9.09%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.0¢ | $2.267M | 21.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1081519 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 1121658 | 7 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |