Axon will have a combined Graphite inventory of 4.42Mt, ranking among the top 10 graphite project around the world, right after Ecograf's epango project which has a reserve of 4.8Mt. Their SP is at all time low with a MC of $40mil. But Axon is seeking an IPO for $20mil, for a similar reserve, better jurisdiction within Australia. Do you see the value?
Also, the graphite price is tipped to recover before lithium, among all the falling battery materials.
Ann: Axon Graphite Update-Mt Dromedary Graphite Resources Review, page-12
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