CXM centrex limited

0.00%

1.7¢

I will agree with you here RB. IPL would definitely be kicking...

First 2 Last

Share
Profile

Follow
DaTaxman

267 Posts.

71

25/09/21

11:29

Post #: 56343705
Share

Originally posted by ragingboom: ↑

Rock Phosphate continues to climb and is now at 136.9 US dollars per tonne. Any wonder IPL is ignoring the facts and trying to get its hands on the billions of dollars worth of Ardmore revenue. I reckon they are trying to get us back to the negotiating table. My understanding is that Ardmore is currently worth $100 million in an absolute fire sale. The market conditions would enforce an open and competitive sales transaction which would elevate the valuation to multiples of my fire sale estimate. The IPL execs who sold Ardmore to CXM are literally kicking themselves. I know this for a fact. We can all be hindsight heroes but this is a monumental mistake that the IPL execs have produced. All of the blue chip big time players are heading towards future proof resources and IPL sold out of one of the best in Australia and now want back in. Good luck as there is no chance.

It is fair to say that CXM’s positioning in rock phosphate and potash have been visionary and successful plays and that CXM was many steps in front of the global pack. The Leadership initially shown by Chrisp - and carried forward by Mencel - is fast tracking this micro cap into a big fish big pond player.

Annual Report out this week. Oxley results are imminent. Some outstanding reading and updates coming our way. Make no mistake, CXM is going to deliver some big time presents by Xmas.

Expand

I will agree with you here RB. IPL would definitely be kicking themselves!

Reinforces that Admore is a huge target for TO... Very keen to see this get knocked back.

CXM Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

1 Great analysis

Reply

Top Stories

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

ASE

Astute delivers high-grade lithium hits at Red Mountain

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Most investors will get this earnings season wrong. Will you?

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

First 2 Last

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.

(20min delay)
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

I will agree with you here RB. IPL would definitely be kicking...

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Astute delivers high-grade lithium hits at Red Mountain

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Most investors will get this earnings season wrong. Will you?

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Featured News

Featured News

I will agree with you here RB. IPL would definitely be kicking...

Top Stories

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Astute delivers high-grade lithium hits at Red Mountain

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Most investors will get this earnings season wrong. Will you?

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Featured News

Featured News