and to add as to why I think an offtake deal will be coming soon:
in my conversations I’ve had with management, I’ve always been told that FID is DEPENDANT on finance and offtake (I know others who have asked and received this same answer too).
We are seeing strong signals that FID will be this qtr aka some time in the next two months. Therefore, offtake deals and finance would also need to happen sometime in the next two months.
So this qtr is promising a lot:
* resource upgrade
* DFS
* offtake
* finance
* FID
plus we are currently conducting our biggest lithium exploration campaign to date, plus we are currently exploring our gold. So exploration results could potentially drop this qtr too, with hopefully the discovery of new deposits on both fronts.
So yes, if management can keep to their timelines then this qtr will be jam packed with news. I only hold a shadow of what I used to, but I couldn’t help but top up a couple of times in preparation and expectation of this qtr.
IMO
GLTAH
- Forums
- ASX - By Stock
- Spodumene Price
and to add as to why I think an offtake deal will be coming...
-
- There are more pages in this discussion • 1,221 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXO (ASX) to my watchlist
(20min delay)
|
|||||
Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $257.1M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 11.5¢ | $1.539M | 12.60M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
57 | 4067787 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 693686 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
56 | 3942787 | 0.115 |
96 | 5620675 | 0.110 |
63 | 6126654 | 0.105 |
118 | 9758098 | 0.100 |
8 | 379348 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 511615 | 10 |
0.125 | 2336154 | 18 |
0.130 | 4738241 | 54 |
0.135 | 2570566 | 40 |
0.140 | 1617291 | 20 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |