@Jlock
Additional supply is in the pipeline with PLS giving its approval to up the ante in 2025 to 1 million tpa, LTR if they can stay on schedule will have supply hitting the market effectively in 2025, Mt Holland is progressing with Wesfarmers and others in Canada and US.
Will it be enough to satisfy demand, probably not, but supply is moving towards demand.
CXO needs to make hay while the sun shines and as @Stu360 has said $40 million investment will add significant production for CXO.
I am sure once the first trucks with spod start leaving for the port then those investment bank robbers will be made to look the fools/robbers they are.
Hoping for plenty of announcements in April/May.
Just my thoughts
Rayda
@JlockAdditional supply is in the pipeline with PLS giving its...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.3¢ | 10.5¢ | $1.080M | 9.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 110 | 8188218 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 368603 | 9 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| CXO (ASX) Chart |