Thanks @Drumo for the market update and @Stu360 for on ground...

Thanks @Drumo for the market update and @Stu360 for on ground insights! Great to see everything lining up well.

In today's volatile geopolitical and inflationary context, it's so important not to underestimate the distinct advantages of the location of our site.

While some mining competitors may have potentially discovered large resources, many are situated in the middle of nowhere thousands of kilometres from rail/ port infrastructure and skilled workforce (CAPEX off the charts and now many will find it difficult to access funding and investment with rates heading north) or in jurisdictions that come with high to extreme levels of sovereign risk. As these type of projects stall or attempt to limp forward (leading to increased supply issues for longer IMO), CXO in sharp contrast is surging ahead of the pack! Why you ask? Location, location, location.

Again...
If cash is king, we're on the right train:
-No debt = Less expenses = Cash
-Low CAPEX = Less cash burn = Cash
- Close proximity to Darwin Port and skilled workforce = Lower transport and freight costs relative to peers = Cash
-Millions in the kitty to expand exploration and production. = Agile and able to fast track progress compared to peers / also gives us the ability to make strategic acquisitions to grow business (looking forward to updates re. hydroxide plant) = Cash
-About to be one of the first to the party producing a resource with a growing shortfall in supply = Cash
-In 2021, Finnis Project acknowledged with "Major Project Status" by the Australian Government = Government encouragement/support with fast tracking progress of project = Cash
-Prudent, experienced and highly regarded management team = Preservation of cash/ cash deployed in the right places = Cash
-Recently entered ASX 200 = Access to investment $ from Superfunds and ETFs etc.
-Binding term sheet signed to produce Spod for Tesla = Partnership with global market leader = Cash

IMO DYOR