sle I think that's why this is fundamentally rerating. The broker roadshow has put some real action in to the sp, but primarily it's because they have the highest quality graphite in a mining friendly country in a JORC resource which no one else has. The economics look compelling especially if they can secure offtake. As Mark Thompson said they are treating this like a development project rather than an exploration, hence there is a lot less risk and why wouldn't it run up to $70-$90m market cap, as that's where it's peers are. Look what happened to stocks like MAD, BRU, BTR when they rerated. Good times ahead.
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58.0¢ |
Change
-0.020(3.33%) |
Mkt cap ! $220.2M |
Open | High | Low | Value | Volume |
59.0¢ | 61.0¢ | 57.5¢ | $1.245M | 2.074M |
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No. | Vol. | Price($) |
---|---|---|
3 | 70853 | 57.5¢ |
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Price($) | Vol. | No. |
---|---|---|
58.0¢ | 27593 | 1 |
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No. | Vol. | Price($) |
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1 | 53097 | 0.575 |
8 | 136709 | 0.570 |
3 | 56100 | 0.565 |
9 | 101579 | 0.560 |
5 | 21739 | 0.550 |
Price($) | Vol. | No. |
---|---|---|
0.580 | 27593 | 1 |
0.585 | 50000 | 1 |
0.600 | 3500 | 1 |
0.610 | 1500 | 1 |
0.615 | 10000 | 1 |
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