If CXO is doomed as all these people that come out of the woodwork predict … then 95% of Lithium stocks are doomed … all we’ve done is halted digging anymore out of the ground until we see a recovery in Spod price … if that doesn’t happen by July … Will probably have to “ mothball” the mine altogether… my point is what hope has anyone else got , doesn’t matter how much you’ve got in the ground as an explorer and up & coming producer .. or even a current producer…if Lithium is gonna be worth Jack Shit , you won’t be getting funding to mine it … so if you’re not producing now you’ll probably never will ( then where does future supplies come from ? ) here’s hoping CXO ride it out and improve recovery rates in the mean time ..and we see some green in the Spod Price soon… instead of constant red
Ramble Over !
If CXO is doomed as all these people that come out of the...
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $320.5M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.8¢ | 14.5¢ | $3.130M | 20.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1318338 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1101958 | 28 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
15.3¢ |
Change
0.005 ( 7.09 %) |
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| Open | High | Low | Volume | ||
| 14.5¢ | 15.8¢ | 14.5¢ | 8286524 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| CXO (ASX) Chart |