Australia's largest stock trading and investment forum Australia's #1 stock forum

MNS

0.00%

4.2¢ magnis energy technologies ltd

Chart, page-26

First 26 Last

Share
Profile

Follow
tobyjack

9,236 Posts.

2

19/12/16

22:05

Post #: 21446360
Share

Originally posted by Prime1 ↑

Slogger, you raise a good question as to why the SP of that other graphite stock has jumped, and whether it was related to their presentation in New York. Maybe, maybe not. But there was another event in the US at about the same time, which may have been a bigger contributing factor to the rise you queried.

Jay Currie, from Resources Wire, interviewed Ty Dinwoodie, Executive VP of Alabama Graphite. Understandably, this interview did not get much airplay here in Oz, but what Dinwoodie said may have influenced some investors. Resources Wire quoted Ty Dinwoodie as saying:

"And, quite frankly, any need for rest-of-world supply outside of China will be (easily) managed by Syrah Resources, the world’s largest and lowest-cost producer of graphite concentrate, when it commences production in 2017. The race to cross the finish line for emerging graphite concentrate producers worldwide is over. It’s done.”

Could this have triggered the rise?

Cheers,

Prime1

Expand

"Could this have triggered the rise?"

I doubt it Prime1. That article was dated 12th December and posted on the graphite thread Post #:21371174.

I also posted the COMPLETE article, rather than cherry pick one sentence from it that could be misleading if read in the manner in which you presented. You may want to revisit some of the other points he makes?

MNS Price at posting: 73.5¢ Sentiment: None Disclosure: Not Held
20 Upvote

0 Great analysis

Reply

Top Stories

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

What's causing the cost-of-living crisis, and how to navigate it

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint