For the love of me i can't understand why you would be selling into the announcement. They have confirmed a MINIMUM of $1500 profit per tonne with 87 0000 tonne per annum (only 50 000 in the offtake). All for the low CAPEX cost of $35 million. The only cautionary statement is based on inferred resources at the other targets which the company confirms is fine.
"In discussing parameters under the Mineral Resource and Metallurgy headings the Company is confident of achieving both the global resource required for a long term – 21 year mining operation and achieving the metallurgy recoveries required "
The numbers explode if the market price for the graphite is higher than the $2000, which i'm hearing they should be.
Someone clearly doesn't like the stock, would be nice if the company could identify the seller and just place the line rather than have all of their milestones aggressively sold
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For the love of me i can't understand why you would be selling...
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