Australian junior explorers and developers , focused on graphite have recently received great attention at the Down Under market. While the rest of the mining Juniors must struggle to draw the attention of investors to the graphite companies were able to partially achieve significant gains .
If you look at the market capitalization , the Australian graphite sector of Syrah Resources ( A0MXQX ) is dominated with a market value of 587 million AUD. The stock has gained 25 % in value since it was announced that Syrah has signed a delivery contract for its graphite project in Mozambique with the Chinese Chinalco (Aluminum Corporation of China ) .
But even the smaller industry players were able to post some high profits last . For example, today issued the shares of Kibaran Resources ( WKN A1C8BX ) by 10 % to 0.22 AUD to and posted here with more than 2.7 million shares traded a very high trading volume . Kibaran has already signed a purchase agreement with a major European distributors graphite , which is unique on the ASX . ( We reported . )
Even Archer Exploration ( WKN A0MWX3 ) has recently gained significantly in value after the company announced that it is participating in the research for the development of graphene , a material that is produced from graphite. Archer works in a research program funded with 200,000 AUD together for the development of commercial applications for graphene with the University of Adelaide. This is part of the intentions in relation to the development of the graphite deposits Campoona and Sugarloaf company in southern Australia.
The share of Bora Bora Resources (ASX : BBR) today presented an additional 22 % to 0.58 AUD, after yesterday went up by 44 % since the company averaged that could accommodate 840,000 AUD in fresh capital . Bora Bora spoke only of a " strategic financial investor," but the Australian daily The Australian speculates that this is Och - Ziff Capital .
Bora Bora explores the graphite project in Matale Sri Lanka, which surrounds the historic graphite mine Kahatagaha that produced since 1872.
Also Talga Resources ( WKN A1C0Q2 ) has posted significant gains in the last days . Although it again by 10% to 0.185 AUD went down today - yesterday was an increase of 41% to 0.205 AUD to book. Talga had recently taken 1.7 million AUD on a placement with which the company plans to finance test work on its graphite project in northern Sweden.
KNL Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
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