My take on this guidance is extremely conservative. I wonder if they are setting it up to make it easy to beat expectations.
Any marginal improvement in recoveries will pretty much impact output to the upside. Most hard rock lithium mines have shown that eventually recoveries improve to 70+% - I don’t know any hard rock lithium mines who operate permanently on 50% recoveries.
Banter and general comments, page-29408
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $194.4M | |||
| Open | High | Low | Value | Volume |
| 9.2¢ | 9.2¢ | 9.0¢ | $178.8K | 1.963M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 75 | 2455358 | 9.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.1¢ | 64621 | 3 |
View Market Depth
| Last trade - 10.23am 31/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |