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0.9¢ marvel gold limited

Period of exclusivity ends on July 31st by which time they...

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RockstarJones

13,605 Posts.

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23/06/16

07:27

Post #: 18098618
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Originally posted by nigelnz ↑

Profit taking from the crazy run last week. Crazier still is that there's so much more to go. This story is only just beginning.

The offtake/financing discussions are very well advanced. I've been following this story for quite some time and everything coming from these potential partners has been very, very positive (there are even videos of them doing their own expandability testing and there is genuine excitement in the room as they see how the Chilalo product performs). They are in Tanzania this week meeting key stakeholders and completing their due diligence. I'm very confident that Graphex will soon have a cornerstone shareholder / partner who will expedite this project towards production. Removing this remaining risk will cause a massive re-rate.

All a matter of time in my opinion.

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Period of exclusivity ends on July 31st by which time they expect to have a binding contract so could come quite soon. Roadshow and presentations are in Sydney and Melbourne from the 4th to the 8th of July.
I think we'll have a pretty good idea of how things will swing when we get the update after the site visit. IMO.

Last edited by RockstarJones: 23/06/16

MVL Price at posting: 46.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.9¢		Change 0.000(0.00%)		Mkt cap ! $7.774M

Open	High	Low	Value	Volume
1.0¢	1.0¢	0.9¢	$49	4.908K

Buyers (Bids)

No.	Vol.	Price($)
3	2195446	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	201859	2

View Market Depth

No.	Vol.	Price($)
3	2195446	0.009
1	924413	0.008
1	700000	0.007
2	950000	0.006
1	300000	0.005

Price($)	Vol.	No.
0.010	201859	2
0.011	76765	1
0.012	1015500	3
0.015	200000	1
0.024	560400	1

Last trade - 16.10pm 18/09/2024 (20 minute delay)

MVL (ASX) Chart