CXO 2.22% 8.8¢ core lithium ltd

main reason it seems is despite whats put out by GS, MS etc the...

  1. 234 Posts.
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    main reason it seems is despite whats put out by GS, MS etc the company/ies are not in a position to refute without putting themselves in a position of potentially misleading shareholders should what they say proves correct.



    I think you maybe missing the point, its not about outright refuting the banks, etc. It is about restating the facts, from the company (CXO) perspective.

    For example, if a bank says no revenue 2023FY with DSO and no production till 2024FY, then the company can say:
    "DSO shipped January 2023, with payment expected in 3-4 weeks, and DMS production still on target and expected H1 2023."
    Yes, may have already announced it, but what harm is there in repeating it. OK if repeated it day in day out for two weeks, then ASX may ask? The DSO shipping and DMS is a good news story so repeat it, sing it from the high heavens, go on and on about it, that is Communications 101.
    For me, that is/was the disappointing factor.
 
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