Put it simple Dodge12:
1. CXO right now on production output and NPAT plus cash on hand and infrastructure is a 1.3-1.4 billion dollar company. That doesn’t change that puts the company at a 70 cents share price so it’s already severely undervalued and oversold
In the period ahead 1-6 months:
1. Optimisation studies
2. Drilling and results
3. Further resource upgrade
4. First quarter 2024 feasibility study of BP33 mine and further mine development
5. Further sale and off-take agreements
A reminder BP33 mine significantly larger than current mine and will add significant tonnage. So yes $1.50 is a realistic share price on BP33 mine feasibility study being finialised disregarding the other potential events short term
The reason why shorts have closed significantly. More to come near term all this is easy coin
Banter and general comments, page-31486
-
- There are more pages in this discussion • 7,934 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.3¢ | 10.5¢ | $536.3K | 4.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 96 | 4283334 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1066000 | 5 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |