Banter and general comments, page-34054

A lot of people bashing CXO about their cap raise, but it faired (in hindsight) pretty ok if you ask me.

Refer to Liontown today. It’s only going to get tougher for Lithium explorers transitioning to suppliers. Retailers undershot the SPP by a much wider margin than CXO.

LTR is backed by Gina Rinehart and was due to be snapped up by Abermarle.

In my mind CXO got a whole lot more valuable, albeit perhaps not immediately tangible - I think it will come to light when lesser known lithium hopefuls can’t progress from lack of funding.

When the market swings in 3, 6 or 9 months the producers will be where it’s at.

CXO is ahead of the game with cashflow; and cashflow is king in the current environment.

Throw in further exploration and the potential of expanding resources this is great value.