AZL General Discussion, page-14157

NFA and no cross promotion either but I have took a position recently in CXO.....keep in mind the points magic has mentioned plus, I had a feeling it has reached to its bottom, near to production, Australian company, low sovereignty risk, high demand of Li, access to the best possible port in Australia i.e. Darwin port, which is near to most Asian countries including china and the support of Australian Govt. CXO was way oversold and guess what, it has announced yesterday of his first shipment via Darwin port, proceeds roughly will equal to $21M. Remember, it is shorted for around 8% but the short squeeze will move price much rapidly then we can anticipate. So far great in guessing bottom but mostly macro's will drive the Li sector. I believe we are moving upwards next week (sector) IMO, otherwise will buy more units.



Cheers