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Stratmin plots course for global graphite status, page-21

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mainholm

2,814 Posts.

620

04/08/15

15:25

Post #: 15748348
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Originally posted by Jonno07 ↑

Stratmins Marketcap was only AUS$ 10.5m before the news, now it's $13.5m

Compare that to

Kibaran Resources..$32m
Valence Industries..$51m
Talga Resources....$51m
Triton Minerals......$115m
Magnis Resources...$108m

Interesting comments by

Chris Berry, Graphite Industry Expert:

The point of this note is not to pick winners or make companies look bad, but rather to point out some of the inexplicable dislocations in the graphite space.

How a graphite producer, have the lowest market capitalization and enterprise value of its peers? Regardless of the industry, shouldn’t a company generating revenues be more valuable than one that isn’t?

A Graphite producer ought to have a higher valuation than aspiring entrants.

After all, the proverbial boxes have been ticked:

Permitting, sufficient infrastructure, customer base, real producing assets (as opposed to highly speculative land with evidence of graphite), revenue and operating cash flow.

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Aussies are bigger gamblers Jonno. Berry needs to get out more often or attend the Melbourne Cup.

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