https://urbixresources.com/arizona-tech-company-strides-towards-maturity/
On Twitter they said:
"Things are looking bright at Urbix. For a fast update, see our latest press release. Then stick close: more good news to follow!"
About Urbix:
"Urbix, Inc. is creating radical change in the way natural graphite is refined and commercialized. The company specializes in all aspects of the graphite value chain. Urbix’s advanced technology includes cost and environmentally aware purification methods and significant intellectual property developments in a wide range of applications."
My take:
Not sure how this plays out for BSM. It's good news that Urbix is growing fast. This increases the chances that they will need more graphite supply from somewhere at some point. The Graphmada mine is de-risked because the quality of the graphite is proven. If BSM can cut costs (as announced) then I am confident there will be a deal between Urbix and BSM. The question is only when? And also, to what terms? Anyway, I am buzzing that BSM is still in talks with Urbix. If I look at the trading volume increase lately maybe someone knows more than others? A deal may be announced soon.
https://urbixresources.com/arizona-tech-company-strides-towards-m...
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