CXO 8.70% 12.5¢ core lithium ltd

Exactly. Whilst others like LTR have decide to fully define...

  1. 435 Posts.
    lightbulb Created with Sketch. 469
    Exactly.
    Whilst others like LTR have decide to fully define their resource before building a gigantic mine, CXO have gone another strategy.

    This strategy that is a lot more elegant in my opinion, but then I’m biased.

    Start building the mine whilst simultaneously drilling further to define further resources.
    When you need to build the other mines, use the revenue from the existing mine, completely negating the need for further CR or going into debt.

    It requires our timing to be right to prevent any possible shortfalls. I dare say with money flowing in for the foreseeable future, they have managed to pull it off, and thread the needle successfully so to speak.
 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
12.5¢
Change
0.010(8.70%)
Mkt cap ! $267.8M
Open High Low Value Volume
12.0¢ 13.0¢ 11.5¢ $2.025M 16.45M

Buyers (Bids)

No. Vol. Price($)
19 1779853 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 7625975 76
View Market Depth
Last trade - 16.10pm 07/10/2024 (20 minute delay) ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.