One man's trash is another's treasure.
If MOZ can selectively pick up potential "prospective' acreage to adjoining discoveries heralded by the market, it would be $$ positive for MOZ most definitely. All it would require is the negotiation of a joint venture deal with the successful neighbour where MOZ is carried, for MOZ's holding to be seen as reserves and purchased by the j/v partner.
Plan A - Target acreage adjoining an established player, form j/v partnership with adjoining co for free carry drill program, then sell to neighbour as reserves for a nice profit - rinse and repeat. Sweet as.
Don't even have to get your hands dirty as a developer/producer and contend with the risk associated with fickle market prices - particularly when the graphite market becomes oversupplied, which is as inevitable as the sun rising in the morning.
Not held yet, but definitely on my radar.
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Last
6.9¢ |
Change
-0.005(6.76%) |
Mkt cap ! $12.31M |
Open | High | Low | Value | Volume |
7.4¢ | 7.4¢ | 6.9¢ | $93.38K | 1.314M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 106580 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 34508 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 106580 | 0.069 |
2 | 20000 | 0.068 |
1 | 60000 | 0.067 |
1 | 96000 | 0.066 |
2 | 56000 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 34508 | 1 |
0.074 | 11300 | 1 |
0.079 | 12660 | 1 |
0.080 | 37201 | 1 |
0.098 | 40000 | 1 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
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MOZ (ASX) Chart |
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