HXG
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0.00% 1.5¢ hexagon energy materials limited

SYR buying LMB would be a good move.. Diversifies there holdings...

  1. nevm003
    550 Posts.
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    06/05/13
    10:26
    Post #: 11726407
    SYR buying LMB would be a good move.. Diversifies there holdings away from Africa, Korea assets and people would help marketing graphite in Korea and the Australian assets should shape up nicely.
    SYR have a worldclass resource but LMB brings them some diversification from Africa and some marketing in Asia so at 20c say (I think 40c or 6x current price at this point is a dream) it would also be a bargain for SYR.

    HXG Price at posting: 7.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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