HXG 0.00% 1.3¢ hexagon energy materials limited

re: Ann: Maiden JORC Resource for McIntosh Fl... If I compare...

  1. 550 Posts.
    re: Ann: Maiden JORC Resource for McIntosh Fl... If I compare the results to the predictions they had in their last Investor Update Presentation on the 17th Jan then they are about right on their prediction of resource size at 5.3M tonnes but low of the TGC (predicted 5-8%) at 4.91%.
    However it does not look bad and lack of shareholder reaction is not warranted. So it now comes down to marketing as we discussed in the previous thread.

    What I am really interested in but is still missing is the metallurgical results. i.e How easy is it to extract the graphite.. There previous announcements looked positive on this but I want to know a) what type of recovery is possible
    b) what process they can use.
    c) what is the cost of this process.

    Also I still am looking for further updates on Korea.
 
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