I suggest a study of the AJM saga might give you some insight...

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    I suggest a study of the AJM saga might give you some insight into what might happen with CXO. Two big differences:
    1. AJM production 220ktpa. CXO production 80ktpa
    2. AJM Debt about A$250m. CXO no debt. Cash about A$200m.
    CXO's cash will give it more staying power in a low SC6 price environment. So long as CXO manage their cash resources efficiently and the SC6 price starts to recover above US$2000/dmt. (CXO's rough FCF breakeven point) before the year end, then CXO will get back on track.
 
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(20min delay)
Last
8.8¢
Change
0.000(0.00%)
Mkt cap ! $188.5M
Open High Low Value Volume
8.8¢ 9.0¢ 8.6¢ $704.6K 8.035M

Buyers (Bids)

No. Vol. Price($)
1 100000 8.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 113971 1
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
CXO (ASX) Chart
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