let me remind skeptics what Manderson said on the 11th of May in an article of Motley fool:
with the resumption of full mining activities at Grants, we were able to produce, transport and load an additional 2,000 tonnes onto the St Andrew as part of our sales agreements with Yahua.
That ship carried 5,500 tonnes, more than the initial parcel of 3,500 tones agreed to be shipped in May
The other point I will make if I may, Silver lady capacity is around 16,835 tonnes which makes perfect sense that it is destined to carry the remaining tones of lithium from Core Lithium
If it is loaded to its full capacity, that means 5500+16835= 22,335 tonnes which is way more than the agreed total amount of 18,500 tonnes and more money in our debt free balance sheet
shipping additional tones at the spot price is awesome at the current price
The big rerate will come once the full commission of dense media separation plant at Finniss and complete ramp up of the integrated operation which he said is the company’s focus
This guy came from a blue chip company (Rio) and communicate to savvy investors when there is substantial news, not the hype of junior companies that benefits only the traders
I have been building my position and confident that the increased short positions (currently around ?9 percent) is so beneficial to the company’s share price once the company delivers on its promises which I have seen the evidence of it. We all know what short squeeze will do to the share price once the bombshell is dropped
My thoughts only, not an investment advice
Cheers,Sydney
- Forums
- ASX - By Stock
- CXO
- Banter and general comments
Banter and general comments, page-28549
-
-
- There are more pages in this discussion • 10,340 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXO (ASX) to my watchlist
|
|||||
Last
9.8¢ |
Change
0.008(8.89%) |
Mkt cap ! $209.4M |
Open | High | Low | Value | Volume |
9.0¢ | 10.0¢ | 8.9¢ | $3.078M | 32.42M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 334881 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.098 |
4 | 420000 | 0.097 |
7 | 684166 | 0.096 |
6 | 449930 | 0.095 |
5 | 422155 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 334881 | 7 |
0.100 | 733032 | 9 |
0.105 | 2470293 | 29 |
0.110 | 447359 | 14 |
0.115 | 763384 | 16 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |