Oh, please, please turn out like Posiedon. I know I would regret it for the rest of my life but I would sell way, way to early at $100 a share. My only comfort and solace would be my life of cruising the South Pacific.
Reality check if it gets to 30-50 cents - yippee!!
I doubt RuiFu would be interested in buying an explorer wannabe Producer. Its not their caper. In any case once the tonnage gets to a good level - and its very likely soon there will be plenty sniffing around for a piece of the action.
Booth/Lees should get us a bit over 10mt. Then there will be the inevitable expansion anns. And other pegs.
Tonnage under our belt Improves our value. If CXO does not go to production then someone with deep pockets will throw plenty at us if the tonnage is good. And there would likely be more than one interested party.
CXO Financing and RuiFu Agreement, page-50
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Last
9.6¢ |
Change
-0.004(4.00%) |
Mkt cap ! $205.1M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 9.9¢ | 9.5¢ | $1.314M | 13.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 3398063 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.7¢ | 382700 | 3 |
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| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| CXO (ASX) Chart |