If they can sign other car makers up by mid February the plant built will be for 20,000 tonnes and not 10,000 tonnes.
who knows, maybe even 40,000 tonnes.
watch the share price fly then.
it may then become a takeover target for a big player - bhp, Rio, Glencore, Xstrata?. If so and they forecast a long te average price of graphite being US$700 or $750 a tonne, I reckon $3.00 to $3.30 would be the end or price.
If they can sign other car makers up by mid February the plant...
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35.5¢ |
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-0.010(2.74%) |
Mkt cap ! $367.3M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 37.0¢ | 35.0¢ | $2.274M | 6.355M |
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| No. | Vol. | Price($) |
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| 13 | 189831 | 35.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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