my view here is that this is positive. The word 'material' is the key. There is nothing 'material' about the cancellation of a non-binding agreement, the result of it becoming binding is not priced in, meaning that the market takes no notice of it until it becomes binding. So either yahua has pulled out (very unlikely) - but that would be material, or we have another off take partner (binding), whether that be ruifu or another one - I'm betting the latter.
This is definitely an exciting time for the company (and us I might add) and I am looking forward to hearing the details next week. If we are looking at another off take, the DFS is likely not far way either!
- Forums
- ASX - By Stock
- Ann: Trading Halt
my view here is that this is positive. The word 'material' is...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXO (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
0.012(13.6%) |
Mkt cap ! $213.6M |
Open | High | Low | Value | Volume |
8.8¢ | 10.5¢ | 8.8¢ | $3.413M | 34.89M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 1613594 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 5907724 | 76 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 1613594 | 0.100 |
5 | 466791 | 0.098 |
6 | 515515 | 0.097 |
5 | 464885 | 0.096 |
7 | 720911 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 5907724 | 76 |
0.110 | 2351581 | 40 |
0.115 | 1214895 | 25 |
0.120 | 1500747 | 22 |
0.125 | 928935 | 21 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |