graphite market is not yet mature enough. Agree locking in something with POSCO would be great.
however most graphite miners are only doing a fraction of output capacity. No point starting a new mine with low demand only to get caught in no mans land with too much debt.
Slow and steady. The resource is needed. Let the market come to us when it is ready. Could be 2025, 2028 or 2030. It will happen, it’s just a matter of waiting for the when.
graphite market is not yet mature enough. Agree locking in...
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Mkt cap ! $254.1M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.3¢ | 10.0¢ | $83.33K | 831.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 1763224 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 10.5¢ | 2053050 | 47 |
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| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
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| Last updated 15.59pm 07/05/2024 ? | |||||
| RNU (ASX) Chart |