Once the market catches onto the fact we are targeting the spherical graphite market, which with the right technology can be derived from even the lowest forms of Carbon.
Check out below from Northern graphite which has the following grades. They have been able to achieve upwards of 99.99% Graphitic Carbon. This is the stuff used in Li-Ion batteries.
They are about to start production and are currently been re-rated by the market, (cap is currently at around 63 million).
Safe to say that AXE is in a great position to define its resource and potential end user within he next few months. Is sad to see the share price so low however when i have the chance i am buying.
NGC Mnerals Resources (Ni 43-101)
AXE Mineral Resource (JORC)
NGC Share Price (rerate)
tight range - something cooking, page-2
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Last
30.5¢ |
Change
0.020(7.02%) |
Mkt cap ! $77.72M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 31.0¢ | 29.5¢ | $37.53K | 122.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23500 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 1535 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| AXE (ASX) Chart |