They stopped because they wanted to preserve cash. They didn't know how long this price downturn would be. Once they see the price bottom (I think now is the bottom), they will know what costs they need to be at to breakeven. If they can hire their own mining labour instead of using contractor at a cheaper rate, I believe they will restart.
Banter and general comments, page-36681
-
- There are more pages in this discussion • 2,407 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
9.0¢ |
Change
-0.001(1.10%) |
Mkt cap ! $192.3M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.6¢ | 9.0¢ | $1.362M | 14.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 2946389 | 9.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.1¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| CXO (ASX) Chart |