I disagree.
The problem is the grade. 4.5% just doesn't cut it when compared to resources out there at 4 times that grade.
Additionally, the team has a terrible track record. For 2 years they tried to get this tiny mine to reach the 6kt/year nameplate production and totally failed. The mine has never been anywhere near close to profitable. Maybe increased graphite prices will help if they can one day managed to reach nameplate, I'd have to run the numbers again but there are much better options out there than this lot.
I disagree. The problem is the grade. 4.5% just doesn't cut it...
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.502M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 566000 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 138633 | 3 |
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| Last trade - 11.00am 16/06/2025 (20 minute delay) ? |
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