Correct me if I'm wrong, but CXM proppsed mine life was relatively short (15 years or less?). That, coupled with weather-related business unterruptions and logistics penalties for not meeting MVT commitments they had with Aurizon, makes further investment in the company relatively unattractive for financiers. But, as always, unserviceable debt is usually the thing that kills a company.
AEV Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
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