At this moment - I don't care about faith - I care about...

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mayo1975

2,752 Posts.

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29/06/23

14:54

Post #: 68535903
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Originally posted by Kiwisfly9: ↑

Hey Folks,

So I know the last few months have been extremely rough for us. In particular, the macro economic environment has thrashed pretty much the whole market and CXO has been the target of a very deliberate campaign to undermine us by a combination of retail shorters and the Big End Of Town to attempt to capitalise on the general market panic and to scoop up as many shares as they can.

BUT

This will fade shortly.

Remember that we are a ZERO DEBT company. We have an extremely in demand commodity, we have a rapidly growing warchest of cashflow, we are rapidly steaming towards nameplate status for spodumene production (something I'm personally expecting in the next few months at the latest) and are very very rapidly drilling now that we have a very significiant amount of cash flow coming in and will likely have massive resource expansion shortly given we have 15 rigs going at it right now and likely a whole lot of backlogged results which will have to be released in the not too distant future.

KEEP THE FAITH. This market will turn and those with discipline will massively capitalise!

We are at the tail end of the tax selling season. People have today and tomorrow left to do crap on us, after that, those trying to crash the share price loose a lot of their steam from ordinary retail holders who need a bit of cash to cover the tax bills or rejig their portfolios etc and the tide will begin to turn in our favour. We are almost there, people like Stu360 who have very solid track records when it comes to whats going on inside the organisation have told us we are in for a massive July and our next shipment of Spodumene to China will likely be leaving very very shortly.

Forget about the belly aching around annoucements right now. It makes zero logical sense for Gareth and the BOD to waste any potential positive news ammunition in this kind of a negative sentiment tax selling market but come July 1st the calculus of that changes dramatically.

They get two more days to mess with us. After that, we are back in contested airspace with factors almost certainly beginning to load heavily in our favour from then. Trust the team, they got us this far and we are right on the edge of the tipping point. Don't be a chump and let someone trick you out of your future because of the last two days of tax season.

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At this moment - I don't care about faith - I care about information - where the hell is it - Did a nuclear bomb explode in the finness mine? Did a Cyclone take way all the lithium - Fire the CEO for all I care if he can't get the results

CXO Price at posting: 89.5¢ Sentiment: Buy Disclosure: Held
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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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No.	Vol.	Price($)
67	6555496	0.115
111	5849163	0.110
62	4189165	0.105
131	9802774	0.100
8	314408	0.099

Price($)	Vol.	No.
0.120	1291003	15
0.125	2692140	18
0.130	2114653	21
0.135	4394707	40
0.140	3519442	39

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