when i got into CXO I worked on the basis of 140mil revenue per ann. that was a very min price. I checked it many times as i couldn't understand at the time why our SP was 4c. I was petty good at maths a school but with old age.... did it again and again. product produced per year X the the prices paid for those goods... easy enough maths...
this was based only on lithium price not our other asessts. I could see 175-180 mil too, so at 40cent SP it was correct minium reflection.
The company was ready to mature as a company, life cycle in miners can be 8-12 years to achieve that. we are ready now, as we were 6 months ago, no need to delay.
But now i see a suppressed SP, and a few misleading annoucement and while have faith in CXO outcomes to become a much much bigger miner in many areas not just lithium it does leave an unsettling feel in my guts.
lets hope many see a 'true' reflection of value with this aquistion. I expected something next year after we started producing product for sale.
spread the vibes of fast good returns to us all soon and the statement of Biggs saying we are a 10x company...valuing us at $1.50 happens before end of this year.
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Last
9.4¢ |
Change
-0.004(4.08%) |
Mkt cap ! $200.8M |
Open | High | Low | Value | Volume |
9.6¢ | 9.8¢ | 9.3¢ | $1.861M | 19.57M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14648 | 9.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 311827 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14648 | 0.094 |
14 | 639759 | 0.093 |
14 | 680127 | 0.092 |
18 | 1149699 | 0.091 |
83 | 3556835 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 311827 | 1 |
0.096 | 638623 | 10 |
0.097 | 463443 | 4 |
0.098 | 589128 | 5 |
0.099 | 743600 | 6 |
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