Having now read this announcement in full, I have to say this is one of the most impressive announcements I've ever seen issued by a jnr miner in my 15 years or so of investing in jnr mining stocks. In fact I struggle to recall a better one.
The attention to detail, and supporting evidence is above and beyond what is required and puts many other junior mining companies to shame.
There are also several thinly veiled messages to investors, particularly institutions, about certain other companies that pretend to have economic graphite deposits. The comments about the problems clays in China present for example (ie that is not just a problem in china!), and logistical costs.
Well done management!
Cdchi1
chart turning around nicely, page-23
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Last
22.5¢ |
Change
-0.010(4.26%) |
Mkt cap ! $232.8M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 22.5¢ | $1.802M | 7.921M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 1034048 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 443295 | 9 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SYR (ASX) Chart |