Not bothered.
Added more this afternoon in my super as the price gets held down.
This thing is debt free, already producing close to nameplate, and rapidly expanding to an over 50Mt resource, which can only mean it will expand its production rate.
Wannabe producers left and right are facing increased costs (LTR) and delays (LKE), all but guaranteeing a structural deficit with higher prices for much longer.
Fundamentally this company is almost as sure as a sure bet.
My only frustration is I don’t have enough cash to fully take advantage of this bargain!
Not bothered. Added more this afternoon in my super as the price...
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $246.4M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.3¢ | 11.5¢ | $1.271M | 10.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 6581582 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 1291003 | 15 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |