that's a bit of a red flag - are you looking for reasons to buy whilst cheap?
lets see - $1 by Xmas of whenever BFS issued, whatever comes first
$1.50 by June 30 2015. Sept 30 2015 higher still.
I note other Graphite companies talking up the size of there're contained Graphite.
VXL talking about 114,000tpy once phase 11B up and running.
Lets see - a production run of 20 years at that rate is over 2mt of graphite - rational being you would not build a plant to double capacity with phase 11B if only get 10 years out of it.
with so much graphite then that will drag the sp higher, despite any and all the down rampers.
VXL will be @ least 2 years into production if SYR/TON/BUX/LMB/KNL start construction tomorrow
First mover advantage
Flinders working up to 4,000tpy is not very much graphite
VXL Price at posting:
63.0¢ Sentiment: Hold Disclosure: Held
