Simple reasons why I am back:
1. 52% increase to total resources was met with a minor SP uplift (heavily under-recognised)
2. 150% increase to M&I resource portion will see a material increase to reserves expected in next 4 days, followed by extended mine life, followed by massive increase to project NPV
3. This leads to more offtakes, better chances of increased funding.
4. Ultimately will lead to greater interest and publicity for CXO and a major re-rate.
I have great confidence in Core this time. This share is a gem. $9M cash, drilling to start again soon and mining is around the corner. Our day is close.
Ann: Successful SPP Closed Early, page-107
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Last
9.2¢ |
Change
-0.001(1.08%) |
Mkt cap ! $196.5M | |||
| Open | High | Low | Value | Volume |
| 9.3¢ | 9.5¢ | 9.2¢ | $664.8K | 7.125M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1511168 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| CXO (ASX) Chart |