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1,109 Posts.
1323
16/04/21
20:52
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poor graphite grade. small size is not great. Large flake sells for a lot more and gives you a much better margin!
i was intrigued by this stock... now not so much.
Armadale has used a cut off grade of 9% in their DFS
Might explain the share price decline....
saying its small and ideal for batteries is ideal to some degree.. but if it is small and not very pure. well then there is a problem.
Just my thoughts.. GLTAH
