Just last month CXO was Macquarie's top Australia lithium pick....

Just last month CXO was Macquarie's top Australia lithium pick.

What has happened over the last month:
-CXO are producers of lithium in a top tier jurisdiction, backed by Territory and Federal Governments
-First ore crush by relocatable crushing plant..I repeat relocatable (can be moved to other areas of our operation)
-First trucks loaded
-Ships scheduled
-24hr shifts to ramp up production and exploration
-Global talent search to find CFO to take us to the next level
-Lithium price jumps to record highs
-No reprieve to supply constraints
-100m added to cash holdings to advance operations
-Closer to results from recent drilling campaigns
-Still NO DEBT
etc. etc.

For such a drastic change of tune when our fundamentals only grow stronger by the day, it's no surprise the investment banks are playing games to increase their holdings by flushing out stop losses and those who are willing to throw logic out the window by selling when the battery metals revolution is in its infancy. Imagine getting sucked into selling your oil field lease and rigs when there were still horses and carts on the roads.

IMHO DYOR