I have considered doing the same and still might as CXO is one of my biggest positions, so might be smart to take some risk of the table.
Well thought out post. I'm re listening to the quarterly now and weighing up my options.
All the fixes are available will just take time and money.
I think it might have been plough that mentioned they should just get going with the flotation circuit asap and I'm inclined to agree rather than spending big dollars on barrow creek etc yet. get BP33 sorted and producing serious numbers. Its still open at depth so might be 10-15 years before barrow creek is needed. I'm not saying completely stop the exploration either just focus on getting to nameplate with bp33 first before turning the ground into swiss cheese.
And for the love of god please improve the communication to shareholders management.
Its been a tough couple of days but hopefully the only surprises from here will be to the upside.
Good luck all what ever you decide to do.
CXO Price at posting:
67.0¢ Sentiment: Hold Disclosure: Held
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