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
8.8¢ |
Change
-0.002(2.22%) |
Mkt cap ! $188.0M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.0¢ | 8.6¢ | $1.020M | 11.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 611323 | 8.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.9¢ | 680228 | 4 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| CXO (ASX) Chart |