Banter and general comments, page-26276

Now that Spodumene concentrate prices have stabilised and likely have more upside than downside over the medium term we can begin to see what a cash generating machine CXO is likely to become over the medium term. The herd is re awakening it seems.
100% ownership, low cost operation , no debt, close to a Port and huge margins that can comfortable allow profitable production at much lower concentrate prices and thrive in current or higher prices.

LOM is not an immediate concern as the current operation is likely to be approaching 17-20y IMO but obviously if we go down stream or wish to expand concentrate production more resources are needed and are being hunted down as we speak.

As an operator of multiple smaller mines means the production costs will likely be higher going forward than current DFS numbers but the biggest potential change is the exchange rate IMO, its likely to strengthen against the $US over time and is something that sneaks up without noticing but is certainly treating us kindly at the moment and long may it continue.

All that aside CXO is in an incredibly good space at the moment and it doesn't take much use with a calculator to find some spectacular outcomes in terms of revenue and NPAT coming up.

PLS has shown us what can happen with cash generation and we are just a smaller version of it...

Cheers Whisky