Banter and general comments, page-634

Hi mate quarterly updates summarise the activity of the past three months of the financial year so typically there is nothing new.

That said, for new investors, this quarterly could be the best starting point to understand the scale of what CXO is trying to achieve.

Firstly, they are planning to go into production for the mining of high quality lithium, which is likely to be a kind of 'oil' of the next three decades.

Secondly, they are launching an exploration of hitherto unclassified/assayed precious metal tenements - primarily gold.

So - you have two investments for your money here. One is seeking to be an affirmation of the play for sustainable energy and transport to make sure we can continue to exist on earth. The other is probably the best hedge you can make against humanity failing at such an endeavour.

If all goes with CXO - you get to have your cake and eat it, too!

But the other posters are correct, this wasn't the gold drilling results the market is waiting on. Should be soon!