I imagine that they want to burn through a bit more of the cash GPX still has in hand (hopefully adding more value to its Mkt Cap) before advancing towards any financing.
As for offtake, that is a harder question on timing because it depends more on the tests performed on GPX's graphite concentrate by third parties and potential offtakers.
Ann: Updated research report, page-5
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $10.36M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $20.84K | 1.736M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1968908 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 2212500 | 4 |
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| Last trade - 15.10pm 07/11/2024 (20 minute delay) ? |
| MVL (ASX) Chart |