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12.5%

9.0¢ international graphite limited

From exploration to becoming a mine can take between 8 and 10...

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Martyn50

4,644 Posts.

169

23/08/23

14:23

Post #: 69503051
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Originally posted by X-terra: ↑

As much as I like IG and being part of the IPO, my big issue here is that it's still going to be at least 2 years away from mining Springdale.
Lot's of drilling and fantastic grades but to get mining the ducks need to line up, then who is going to dig it out of the ground and what cost ..........they will need at least $200+ mil as a start up, which means a huge dilution for funding.
What's happening now is great, but ??????? future

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From exploration to becoming a mine can take between 8 and 10 years.
Many ups and downs with micro and macro forces. Plus other unknown world events.

IG6 Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 9.0¢		Change 0.010(12.5%)		Mkt cap ! $17.42M

Open	High	Low	Value	Volume
8.0¢	9.0¢	8.0¢	$5.241K	63.50K

Buyers (Bids)

No.	Vol.	Price($)
2	40818	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.4¢	29956	1

View Market Depth

No.	Vol.	Price($)
2	40818	0.090
2	56613	0.085
1	28000	0.083
1	25000	0.081
1	449999	0.080

Price($)	Vol.	No.
0.094	29956	1
0.095	60000	1
0.097	100000	1
0.100	100000	2
0.105	84518	1

Last trade - 10.39am 17/06/2024 (20 minute delay)

IG6 (ASX) Chart