We are still waiting on the DOE loan approval for Balama of US$150 million.
This was supposed to be finalized by the end of June 30th but more delays.
once announced to the market, expect a share price jump. But don't be surprised soon after if some corporate activity (i.e. a takeover comes along).
A bigger player that takes a longer term view of graphite prices of US$800 to $830 a tonne) could sure see value at these low prices.
Some years ago Glencore kick the tyres with a supposed offer of $2 billion. Currently only worth $250 million. If same price, $1.75 is a similar price. Let's wait and see.
We are still waiting on the DOE loan approval for Balama of...
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26.0¢ |
Change
0.005(1.96%) |
Mkt cap ! $269.0M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.0¢ | 25.3¢ | $1.651M | 6.334M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 124242 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 54541 | 2 |
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