No mention again of Malingunde graphite project as all attention - expenditure focused on the giant of a Rutile asset.
It would explain the pull back in sp as many were invested for graphite project that the company has gone silent on. Clearly the massive rutile asset being progressed is of far greater value than that of Malingunde graphite.
With a market for natural rutile as shown by the increase in price over the past 12 months only - this rutile project will be incredibly profitable - very quick to establish finance and sales - and very quick to become a low capex/opex operational mine. Let alone the enquiries into takeover - partnerships - project finance etc going on in the background. Smart buyers over the past few months.
Ann: September 2021 Quarterly Report, page-3
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Last
61.0¢ |
Change
-0.005(0.81%) |
Mkt cap ! $364.5M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 62.5¢ | 60.5¢ | $97.46K | 159.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39578 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 9984 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SVM (ASX) Chart |