Patience game. All graphite related stocks (syr/tlg/rnu/nvx, etc) have been obliterated for months - but yes..very frustrating. I think the revised feasibility study (6 months off) is probably what the market is ultimately looking for. Increasing the inferred resource over the next Q1 will also add structural value...but we probably want to be lining up MOUs for offtakes also (as it's going to take a serious commitment to get this graphite out of the ground - $$). It's worth noting also that despite popular opinion, EV adoption has not been as rapid as was predicted; which I think could be playing into this a little. Anyway, now I'm just rambling.
LML Chart, page-50
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.33M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $16.05K | 2.684M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 14762139 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 14395654 | 15 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| LML (ASX) Chart |