This stock will do well. It's highly likely it will get into production before Magnis. The Chinese do not have any quality graphite of this type in China so they will be keen to lock in a supplier.
I think this stock on a pe basis could get to $2.00 easily once capex and offtakes signed ... not saying straight away but once there's clarity with the economics.
Cheers
nzrugby
Ann: Offtake and finance due diligence update-GPX.AX, page-4
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $7.774M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $19.05K | 2.376M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1370350 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1175064 | 2 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
0.8¢ |
Change
0.001 ( 11.1 %) |
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| Open | High | Low | Volume | ||
| 0.8¢ | 0.8¢ | 0.8¢ | 50761 | ||
| Last updated 15.24pm 14/06/2024 ? | |||||
| MVL (ASX) Chart |