CXO 4.17% 11.5¢ core lithium ltd

Banter and general comments, page-19274

  1. 13,532 Posts.
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    What part doesn't you understand, to put out an update refuting something one has to be able to prove that what was said is incorrect in the first place, thats the reason CXO isn't commenting and that comes from head office...it has been discussed by them.
    Board and management have to be very carefull what they say and they will probably be guided by Legal advice as much as anything.

    For example if MS or any other suggests production won't start untill H2 2023 as happened then CXO, who have yet to start production and won't know exactly how the start up will play out can't refute it without exposing themselves to possibly misleading shareholders. It might be frustrating for us and them but its what it is , as for shorting or the other extreme a short covering rally or general comments around future prices, again they can't comment or speculate, its not their job and have no control on what others say anyway...


    Cheers Whisky

 
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