I see expandable having a 2nd demand growth in defence industry. For example installing expandable graphite into ground radar units can help make them invisible to heat signatures!!! Manufacture of defence drone applications (running around on electric battery) using expendable graphite might possibly help them stay in the air longer if they are also harder to detect.
Many modern missiles or torpedoes rely on heat seeking or noise made by target to work well.
TON could do a JV with a defence industry company. Anything is possible and diversification into other mining project sometimes happens. No point in looking too far into the future.
Moving forward 2020, page-260
Add TON (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $18.73M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.1¢ | $14.71K | 1.213M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1887115 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 184264 | 3 |
View Market Depth
| Last trade - 15.45pm 21/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.2¢ |
Change
-0.001 ( 7.69 %) |
||||
| Open | High | Low | Volume | ||
| 1.3¢ | 1.3¢ | 1.2¢ | 425280 | ||
| Last updated 15.45pm 21/05/2024 ? | |||||
| TON (ASX) Chart |