The original graphite testing with a lower purity product showed promise, it was good enough. Now we find a more pure product is struggling, which points to a fundamental problem peculiar to HZR graphite.
There are two non-sequiturs here. Firstly, you're assuming the original graphite was good enough because it showed promise in button batteries, but good enough for button batteries is all we could say.
Secondly, you conclude MIN's 97% graphite must be struggling vs the original graphite. The only way to compare is if MIN's graphite had been through button tests as well. That's far from clear, and by this stage I tend to believe they were targeting higher-end applications.
GW has referred to excellent button results, but a hard lesson that to go further they'd have to tailor battery chemistry to Hazer graphite. It sounds reasonable as an explanation that more research is needed with CDP volumes.
This stumbling block effectively scuppered MIN's bulk aspirations. Coincidentally, Hazer's own FBR and purification now appear economic enough that they could go it alone in future.
There's no more royalty for MIN in this instance either. Of course, they could have stayed on as shareholders but didn't. It doesn't seem like much of a red flag, given how the market reacted since.
- Forums
- ASX - By Stock
- HZR
- Price action
Price action, page-2474
-
- There are more pages in this discussion • 1,090 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HZR (ASX) to my watchlist
(20min delay)
|
|||||
Last
30.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.18M |
Open | High | Low | Value | Volume |
31.0¢ | 31.0¢ | 30.5¢ | $3.509K | 11.34K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 34092 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 40231 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 34092 | 0.305 |
9 | 74653 | 0.300 |
5 | 70688 | 0.295 |
5 | 11604 | 0.290 |
3 | 42000 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 40231 | 2 |
0.315 | 30000 | 2 |
0.320 | 131567 | 4 |
0.330 | 44472 | 2 |
0.340 | 19000 | 2 |
Last trade - 10.06am 07/08/2024 (20 minute delay) ? |
Featured News
NEWS
Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo
BOE
Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan
HZR (ASX) Chart |