very dry and respectable be Archer.
No wildcat West Aussie sandgroper hype for the Sth Aust Crows.Bleeding City of Churches "respectability'.
yesterday was a fizzer because LNC and NVG also fizzled so AXE one tenement nearology connection was irrelevant and thus the few late friday buyers stopped loss out.
i agree joesnes that the graphite angle is moribund.
not because syr is going to takeover the world but because graphite has a relatively small demand and is a 'niche' commodity ie buyers/users/price setters demand specialised production to buyers specifications.
the punters/pilgrims[most of them] fail to see it's the Production/Processing to End Users Exact Specifications that is the "trick" NOT finding Mega Tonnes to send off for sale at the LME/Spot Market. Graphite is NOT a Commodity like copper,gold,iron ore or oil and gas.
The Grat White Hope of Graphene is years off adding much tonnage and appears to require further narrow specifications ie purity not tonnage the criteria.
but try telling that to the gunner go a ton [$1] from 5 cent boys,hey joesnes?
anyhow suppose we're stuck to hold out for scoping,pre feasibility studies some end user sniffing maybe a MOU,all that palaver over 18 months that may take the sp to?40/50 cents? about $50mil Market Cap?
If there really is a long term Market for Graphite Producers surely AXE can go $50mil on being 'imminent' producer?
unless the sp gets some copper or even gold back up?
rather that than mineral sands!!
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Last
29.0¢ |
Change
-0.015(4.92%) |
Mkt cap ! $73.90M |
Open | High | Low | Value | Volume |
31.5¢ | 31.5¢ | 29.0¢ | $205.8K | 690.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 45527 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 12310 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 45527 | 0.285 |
6 | 64343 | 0.280 |
1 | 10854 | 0.275 |
2 | 35000 | 0.270 |
4 | 11840 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 23173 | 2 |
0.310 | 9195 | 1 |
0.315 | 20272 | 2 |
0.320 | 187928 | 3 |
0.325 | 100306 | 5 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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