BUX 4.76% 6.0¢ buxton resources limited

Lots to get folks salivating for the mkt cap. I just have a...

  1. 5,920 Posts.
    lightbulb Created with Sketch. 1830
    Lots to get folks salivating for the mkt cap. I just have a suspicion that when someone lays out all the work that they themselves do have to pay for, plus have some ammo in reserve, they might do a little $2m raise but it will be tightly controlled, so I doubt any mug punters like us will get a look in. IF IGO came to the party on the graphite then that is a different story, though I am not sure that deposit fits IGO profile. They need to prove up a much bigger resource and bed down metallurgical results to show its economic. I suspect they would rather do that themselves before having someone JV so they can extract more value. Either way, solid news flow throughout the year to be expected and I hold long term so happy to have a 10c seat on the bus for the next leg of the journey.
 
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