BUX 8.33% 6.6¢ buxton resources limited

Australia's highest grade graphite deposit.

  1. 10,103 Posts.
    lightbulb Created with Sketch. 656
    After watching $RNU 15 Bag in a little over 12m on their Graphite deposit, I think I have found the next big graphite runner.$10m market cap, and a grade TWICE as high as $RNU. (Smaller tonnes but open).$BUX $BUX.AX is only $10m market cap, yet is 16.2% vs 7.5%

    $BUX this quarter will release a Graphite update. Graphite fell into the abyss, hence $RNU at sub 2c, but in the last 12 months has risen from $30m to $600m. $BUX have more than twice the grade of $RNU.650K contained graphite is a significant resource ($RNU slide).

    The thing that drew me to $BUX was actually the Massive US copper play. But on top of this, they also have JV's with $IGO.At $10m market cap, the risk vs reward here is off the charts IMHO.

    https://hotcopper.com.au/data/attachments/4068/4068914-979a40e8f39b7786299887457f6d29a7.jpg
    https://hotcopper.com.au/data/attachments/4068/4068917-1948b08f2ded0fcf6039413b65724db2.jpg
    https://hotcopper.com.au/data/attachments/4068/4068920-ce091503e4c1bc0dbba9991e6ce01154.jpg
    https://hotcopper.com.au/data/attachments/4068/4068923-1e19ab75d9fcae5aee7237c7c192a64e.jpg
    https://hotcopper.com.au/data/attachments/4068/4068926-b047f88627eea202f13e92967532b0bd.jpg
 
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6.6¢
Change
-0.006(8.33%)
Mkt cap ! $13.91M
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7.0¢ 7.0¢ 6.5¢ $93.75K 1.378M

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1 9844 6.6¢
 

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6.7¢ 235294 1
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