G'day, G'day..
Shimmie an others, I highly recommend you to read the article on pg 22 of the AFR this weekend : "Arctic Graphite find has golden future".
The article is about Talga Gold which has changed its primary target as a gold explorer to a graphite explorer. It also contains some broader comment about the graphite sector in general. ( comparison with REE !!!)
And a very interesting paragraph : " The average cost of building a graphite mine is about $50 million, and Thompson believes a customer looking to secure supply could cover the entire amount, meaning the company wouldn't have to go to the market for funding" ......Mhmmm interesting, hope to see some ann about BHP deal soon.
Well now, personally, I would be very happy to see axe sp retracing toward app as I need to buy more ...otherwise will have to pay a bloody premium !!!
GL.
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