What's BEOT? Thanks

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SeabreezeL

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30/03/24

13:57

Post #: 73123926
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What's BEOT?

Originally posted by zara1950: ↑

all high cost producers of lithium will vanish they just arnt viable in today's market place , lithium will never again get to the lofty heights/prices of 2 years ago, but most people already now this

current profitable producers are running at snails pace , as demand increases these are the companies that will step up production to meet that demand ,
as for lithium well there's a new discovery every day each one bigger than the one the day before the stuff is everywhere , and don't underestimate new technology , we also know it takes time to build a mine 5/10 years using that time frame lithium mines will be like service stations one on every corner, all over the globe

as for CXO its Bleak at best with no return to mining anytime soon {if ever } spending 10s of millions of dollars to get rid of the workforce should tell you how bright things look up there , money running out fast , soon there will only be beer money left ,

a CR i thought possible 6 months ago now impossible at today's share price ,
a TO no way any smart company would bid for this basket case its too small , and scattered all over the place and with two years of operation showing it needs to shut for 4/5 months a year with water problems ,

recent discoveries /drilling results are just nonsense far too deep to be viable at any cost of product produced ,

but its always fun reading the justifications from the muppets as to why they hold expecting a miracle to happen

shorters now starting to leave in big numbers they are getting scared of being trapped in a trading halt which could be a long one

shorters always got blamed for the CXO demise but as they leave the price still continues o fall WHY ?

the simple answer the shorters were smarter than the muppets they simply took advantage of the rot as it set in

lesson for muppets to learn is pay more attention to what the BEOT is up too and not listen to other clueless muppets posting on HC

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CXO Price at posting: 15.5¢ Sentiment: None Disclosure: Held
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Last 14.8¢		Change 0.008(5.36%)		Mkt cap ! $315.1M

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Last 14.5¢		Change 0.008 ( 1.83 %)
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What's BEOT? Thanks

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