The current graphite market is selling high grade graphite at "$12,000-20,000USD per tonne " (according to a hazer news release).
If Minres make the expanded plant at 10,000 tonnes per annum that is $200M per annum with hazer potentially having royalties of maybe 20% that will mean HZR earning 40M per annum from its byproduct.
Obviously this is one step at a time but we can all see the potential in the next few years are huge.
MIN royalties
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Last
48.5¢ |
Change
0.020(4.30%) |
Mkt cap ! $110.6M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 48.0¢ | $259.5K | 528.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 48284 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 26264 | 3 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
48.5¢ |
Change
0.020 ( 4.48 %) |
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| Open | High | Low | Volume | ||
| 49.0¢ | 49.5¢ | 48.0¢ | 166714 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| HZR (ASX) Chart |