Thanks s33k3r, CXO also had a floor price on their offtake agreements. Where that sits after the re-negotiation for the lower %spod will be interesting. But I can't imagine they'd have been too keen on removing those clauses, as they protect the company for exactly this scenario.
In addition, with recoveries up to around 59% last month, C1 costs could have further reduced, moving cxo down the cost curve.
Edit - Also worth noting that the $1889 figure included their inventory costs for this quarter in preparation for the wet season.
Thanks s33k3r, CXO also had a floor price on their offtake...
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Last
14.8¢ |
Change
0.003(1.72%) |
Mkt cap ! $309.8M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.8¢ | 14.5¢ | $55.64K | 381.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 1991485 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 1722507 | 45 |
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| Last trade - 11.12am 14/05/2024 (20 minute delay) ? |
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Last
14.5¢ |
Change
0.003 ( 2.36 %) |
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| Open | High | Low | Volume | ||
| 14.8¢ | 14.8¢ | 14.5¢ | 223829 | ||
| Last updated 11.32am 14/05/2024 ? | |||||
| CXO (ASX) Chart |