Hard to understand the rationale of:
"No outflows were incurred in relation to development and production activities, as mining and processing are currently suspended and the Graphmada mining and processing infrastructure is in care and maintenance."
The London Stock Exchanged listed Tirupati, also operating in Madagascar, is still in production at its 4,500 tpy of graphite concentrate. Its markets cap. is at over GDP 56M roughly AUD 100M!
TIRUPATI GRAPHITE PLC TGR Stock | London Stock Exchange
Management has to learn from Tirupati. It has had plenty time for that during the whole "covid-driven care and maintanance".
Hard to understand the rationale of: "No outflows were incurred...
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Last
4.5¢ |
Change
-0.005(10.0%) |
Mkt cap ! $8.156M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.8¢ | 4.4¢ | $16.39K | 363.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 200000 | 1 |
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| Last trade - 15.44pm 28/06/2024 (20 minute delay) ? |
| GW1 (ASX) Chart |