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23/02/15
15:53
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Originally posted by jmcmillan8
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just hopped off the phone with VXL and they are just as bewildered at the SP movement.. is it miners on the nose, the unknowns with VXL in the NEAR future, financing, product offering to market, profitability..
I must say nothing too negative going on with graphite pricing.. permits done, maiden resource done, facility up and running and nearly complete, processing existing stockpiles (be it lesser quality) customer sales one complete with qualification process well advanced with other MOUs etc etc
something just not right and fair value should be now and whats easily achieveable in the near future as well as the other potential of higher quality product to come on line down the track. never been a ramper and may sound like one right now but I think with good reason
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If it is such a bargain, management should prop up the price!