Banter and general comments, page-39102

CXO is now back to a junior explorer company. It is anyone's guess when the Lithium market will pick up.It is not helpful as new supplies come onto the market and current low cost miners are increasing their output to lower their production per ton costs.
All CXO's stockpile had been processed and WHEN the lithium prices recover sufficiently for mining to resume, CXO will have to do a capital raising to recommence mining and processing the ore..For other low cost miners like PLS, any recovery of the Lithium price will go straight onto the profit line.
It is hard to evaluate what the existing cold-storage Finnis mine equipments/infrastructure is worth and at what Lithium price will it be feasible to re-commence operations.
Time for shareholders to re-evaluate whether to switch to other low cost Lithium miners whoc are still cashflow positive at current price.

Good Luck to shareholders.