HXG
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12.5% 1.4¢ hexagon energy materials limited

Well looking at peers. TON & VXL have off-take agreements and...

  1. tfish
    371 Posts.
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    05/08/15
    16:50
    Post #: 15756346
    Well looking at peers. TON & VXL have off-take agreements and are hovering at 20-30cents. Meanwhile the outlier is SYR at $3.50+

    So for LMB to get back to 30cents, needs to formalise more credible off-takes, get the $2million back from Hengda and leverage of South Korean assets proximity to Technology companies. All achievable, company just requires strategic growth plan and regular disclosure to the market about positive movements towards all three fronts.
    HXG Price at posting: 6.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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