CXO LOM, resource size and production capacity is tiny almost laughable compared to Goulamania. yes LLL has 45% stake but it still humongous almost a near term rival to PLS. so upside here is massive. CXO have just done a 100M$ CR totally uncalled for given they just sold DSO for circa 20M$. With LLL totally funded and big Top 20 holder stake makes for very tight register. Specially with directors buying and couple of long termers here including me will mean this SP will fly one day.
like i have said it doing the same thing like CX0 in early days and suddenly CXO went from 35c to 60c consolidated and took off to 1$ and then 1.6$ shortly after and this was on the back of offtakes agreement.
news may drop any day FFX have got their shit together and imagine what will happen to SP. there was some serious buying in the 70s cent range.
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