Can only say that I'm shocked it dropped back down to 30c so quick. I am expecting it to creep up however as we progress through construction, I can't see any future CR being necessary unless something goes horribly wrong (natural disaster level wrong) and more funding is required.
The only extra costs I can see coming is that if we get to the point where we can double the production I would expect that to be funded by debt as the timeline suggests it will be around 2024 before that happens and definitely time that CXO follows the old adage 'Debt is cheaper than Equity'.
Can only say that I'm shocked it dropped back down to 30c so...
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Last
9.6¢ |
Change
-0.004(4.00%) |
Mkt cap ! $205.1M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 9.9¢ | 9.5¢ | $1.314M | 13.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 3398063 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.7¢ | 382700 | 3 |
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| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| CXO (ASX) Chart |