I think in the case of CXO a financial ruler has been placed...

I think in the case of CXO a financial ruler has been placed across the business and the inclusion into the ASX 200 shows that is a scalable business and worthy of a spot in the top 200
is is therefore a growth stock as mining has not quite yet commenced but the pipeline is strong. with any raw product the market fluctuates but a company that produces early in the uplift of product will be in a position to sell their product at a better return than other start up companies later down the track. if I were a bigger entity I would wait until CXO produces the first shipment and then take an aggressive take over bid to the table. all the hard work done without the first real financial result being produced to the market
game on CXO