CXO could be KDR

Bynoe is an extremely rich pegamite field discovery, with large pegamite swarms: BP33, Grants, Ringwood, Zola already discovered by CXO in its large tenements. The company has a high hit rate in it's drill results, which are only in its infancy, so much so, that Como Engineering, who got PLS up and running, have been engaged to develop the project. Also, significant thicknesses and consistent high grades between 1-3.23%LiO2 are being found. LTR, who also share Bynoe fields, have discovered initial grades up to 4.1%.

Therefore, CXO has the potential to be a KDR and perhaps even dwarf it in time. Also, the great thing is the existing infrastructure and the geographical advantage of being so close to Darwin and therefore China. All in all this will greatly reduce costs and make this a very viable economic project. As Bahar mentioned above, there is no reason we could not mirror the meteoric rise of KDR. AIMO.