>10% swing in share price against asx graphite peers today shows this news was very well received.
No surprise with the stated timing or capex increase for me. Quite possible the market was expecting significantly more in inflation? I think they’ve done very well to keep it under 20% since 2021. Also as gvan has covered the potential for €70m in grant money is very positive.
Just need the Supreme Court to wake from their slumber…
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