One man's trash is another's treasure.
If MOZ can selectively pick up potential "prospective' acreage to adjoining discoveries heralded by the market, it would be $$ positive for MOZ most definitely. All it would require is the negotiation of a joint venture deal with the successful neighbour where MOZ is carried, for MOZ's holding to be seen as reserves and purchased by the j/v partner.
Plan A - Target acreage adjoining an established player, form j/v partnership with adjoining co for free carry drill program, then sell to neighbour as reserves for a nice profit - rinse and repeat. Sweet as.
Don't even have to get your hands dirty as a developer/producer and contend with the risk associated with fickle market prices - particularly when the graphite market becomes oversupplied, which is as inevitable as the sun rising in the morning.
Not held yet, but definitely on my radar.
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $17.85M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 10.0¢ | $1.634K | 16.34K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 407459 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 81000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 356324 | 0.100 |
1 | 10204 | 0.098 |
1 | 80000 | 0.097 |
1 | 10416 | 0.096 |
4 | 297883 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 1027092 | 1 |
0.110 | 81000 | 2 |
0.115 | 250000 | 1 |
0.120 | 400606 | 4 |
0.125 | 26955 | 5 |
Last trade - 15.59pm 20/06/2024 (20 minute delay) ? |
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