I think we all should be chilled and calm. Although I'm not a big fan of Gareth, there is no doubt that CXO is progressing forward and becoming a real producer from an explorer and developer, producing the hottest "white gold" at the best possible time. I think not many people can deny the following facts:
1. No debt at this high-interest rate environment = low costs base;
2. Simple DMS operations mean low costs base compared to peers;
3. ramping up nameplate production by the day;
4. first shipment of concentrates coming any day;
5. Further drilling and assays lead to further MRE expansion;
6. Mine of Life will inevitably be extended with MRE expansion;
7. Once reaching nameplate production in a few months, tons of cash will be rolling in;
8. Shorters' days will be numbered and they will force to flee in the not so distended future, and move to their next target;
9. CXO back to blue-sky days soon.
Like Kiwifly9 said, keep your faith and nerve, and I know it's easier to say than do, we will be out of wood sooner than you think. Best luck to all LTHs. DYOR, No advice.
Cheers, Koala
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55 | 3669749 | 0.080 |
5 | 136961 | 0.079 |
Price($) | Vol. | No. |
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