I dont think we would stay at 1.4c much longer, analyst coverage / good news could hit any time now. we have a very strong support at 1.3c-1.4c, its consolidation time, once consolidation done, we may reach a new strong support at 2c-2.5c, and then with good news of progress at graphmada 3c+ levels. From there, the game would change and people will realize this is by far the best graphite investment on ASX (highly derisked, low capex requirements, blue sky potential), better than Syrah (high risk, high capex project), and in terms of stock price anything is possible, my CONSERVATIVE target is 10c in 2017. Picking the right stock is the easy part, holding for the long term and benefitting from a multi-bagger opportunity is the tough stuff, the stuff that differentiates between the legendary warren buffett and most investors in our world.
happy graphite investment to all,
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