I don't know anything about CXM, but I noticed the really high P (Phosphorous) levels. This is the most crucial deleterious element (or contaminant).
It is my understanding that P levels of around 0.08% or below is considered to be marketable good quality ore (note the established hematite iron ore miners have P levels around here or less). Where they are a little higher than 0.08% they are usually blended with lower P level ore to get to that lower level.
With P levels of 0.49% I am surprised that they can actually sell it, it is too high to be blendable. They must be incurring significant penalties on the prices they receive to offset the cost to the steel makers. Only during boom times would ore with such high P levels be able to be sold.
- Forums
- ASX - By Stock
- CXM
- jackpot
CXM
centrex limited
Add to My Watchlist
0.00%
!
1.7¢

jackpot, page-6
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.74M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CXM (ASX) Chart |
Day chart unavailable
The Watchlist
P.HOTC
HotCopper
Frazer Bourchier, Director, President and CEO
Frazer Bourchier
Director, President and CEO
SPONSORED BY The Market Online