Shorters are going to love this and focus on those "higher costs" and "lower production" key phrases. Those really shouldn't be the biggest of deals, margins are still decent and there is good money to be made. But the "three-month gap in ore supply from the mine and
processing plant capacity constraints" is probably the main concern to focus on considering FY25 production is expected to be lower than the FY24 production. How much lower? Who knows yet but by the same token, they have time to work on a solution so may not even be a big deal. Imo CXO is treated like a much bigger dog than it actually is, but I guess thats the game US banks like to play with our lith.
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11 | 364179 | 0.089 |
15 | 963162 | 0.088 |
17 | 826188 | 0.087 |
21 | 1454148 | 0.086 |
Price($) | Vol. | No. |
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0.092 | 264140 | 7 |
0.093 | 395277 | 8 |
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