35c would be $98m mcap. Peanuts if they can further demonstrate the wide applications of the technology. At that price the crowds get involved due to the awareness. Then we decide whether to stick on or ride out for higher.
Thing is that modular design 1tonne plant capex stated is only US$3m , and was listening to one of these lectures that it only costs about $25-$30 electricity to produce 1 tonne of material in the graphene. That’s some serious margin.
Also in only a 1 tonne setting this thing is stated as commercially viable for Gallium and Antimony.
We cut out like 25 steps in the lithium spodumene manufacturing process. There is potentially for some massive deals ahead.
Bloody exciting to be honest. Probably why that algo keeps smacking it to draw out sellers whilst on a low bid, then if some sellers appears buys up all the stock to have net positive position size and average gains. Thing is last week looks like willing sellers getting a lot thinner.
MTM Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
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