see this guys:
ASX Explorer in Pole Position as Electric Cars Spark Graphite Rush
You used it every day back in primary school to draw and write with.
But right now, this substance is helping to write the future of the human race as a key ingredient in the batteries powering the global electric car revolution.
The Next Mining Boom has recently invested in an ASX listed company who is sitting on a resource with the highest grade of this substance in Australia.
The substance also helps to run your laptop, your smart phone and your computer tablet…
A one atom thick layer of this substance has an entirely futuristic set of applications – due to its incredible strength…
That’s right, we are talking about graphite.
China, the world’s largest producer of graphite, has revealed its stocks are running low.
Combine that with:
- the increasing demand for graphite from battery manufacturers;
- plus the accelerating growth of battery powered electric cars;
- plus the cutting edge applications being developed in science labs around the world with graphene – the one atom thick layer of graphite…
And you have a tidal wave of positive graphite sentiment that can’t be ignored.
The Next Mining Boom has just made a long term investment in one junior explorer with a promising inferred graphite resource in Western Australia.
Lately graphite has been helping to line the pockets of other well positioned companies and quick witted investors:
- Syrah Resources share price has jumped from 15c to near $5.50, as it confirmed a resource of 382Mt of this stuff in Mozambique – it’s now capped at over $850M – recent share price surges have been due to news that Glencore may have sparked a $2 billion takeover race;
- Triton Minerals has gone from 6c to 50c in the last few months with just 60% ownership of a 100 Mt resource, next door to Syrah – now the company is worth $130M;
- Lamboo Resources is also getting in on the action due to its Australian project, climbing from 7c up to an astonishing 93c in the last 8 months on the back of just a 7Mt resource, now valued at $120M.
The past performance of these products is not and should not be taken as an indication of future performance. Caution should be exercised in assessing past performance. These products, like all other financial products, are subject to market forces and unpredictable events that may adversely affect future performance.
But these companies have likely already had their big runs – certainly the dynamic early stage growth that we are interested in at The Next Mining Boom is long gone.
The company we have invested in is hoping to follow in the footsteps of these ASX listed graphite wonder stories – and it’s capped at just $16M, with plenty of blue sky to run into.
This company holds the highest grade graphite resource in Australia – 20.1% total graphitic carbon.
At 2.27 Mt, its resource size currently at first glance appears to be small – but this is enough for an 8-12 year mine life and some valuable early cash flow.
Plus the resource is open along strike, the company is applying for tenements down strike, and drilling results are being processed right now in the lab….
So the truth is, no one knows just how big their high grade graphite resource might be… but we should know a whole lot more when samples come back from the lab in just weeks.
The other question mark over this company is the metallurgy – jumbo flakes of graphite sell for around $1,600 /tonne right now, while the amorphous stuff goes for $500/tonne … we don’t yet know the nature of this company’s graphite – but we should know a little more when those sample results are back in the coming weeks.
It’s not only graphite that this company has in its arsenal – housed in this company’s $16M market cap comes another high potential project, in one of Australia’s hottest nickel post codes…
When it comes to nickel in Australia, there is only one place to be – the Fraser Range.
Yes, not only does this company have a graphite play, it also has a massive land holding right next door to Sirius, a company that saw its share price go through the roof when it discovered two big nickel deposits.
The past performance of this product is not and should not be taken as an indication of future performance. Caution should be exercised in assessing past performance. This product, like all other financial products, is subject to market forces and unpredictable events that may adversely affect future performance.
As the nickel price continues to climb in recent months, this company’s maiden Fraser Range drilling program identified a highly prospective 1km strike length, which has now set the scene for a follow up drill program hunting massive nickel sulphides…
It can count on the support of a wealthy Chinese investor, who controls 15.9% on the company and last tipped in $2.3M, at a premium to the current share price.
One well respected broking firm’s Analyst has rated this company a “Speculative Buy”.
We like not only the multiple near term catalysts on the horizon, but also see long term potential – so we have decided to make a long term investment in BUX.
With graphite AND Fraser Range nickel plays, if this company was a boxer it would have a knockout punch in both fists…
Let’s bring it onto the ring shall we, our latest investment:
this is part 1, cant upload whole article:
(20min delay)
