HXG 4.55% 2.3¢ hexagon energy materials limited

Ann: Hexagon and Mineral Resources Sign McIntosh JV Agreement, page-20

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  1. 3,637 Posts.
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    Important timeline discussion details here...….it is for FULL PRODUCTION...should be able to be advanced on work up volumes.

    MIN has large cash warchest...spent $6m on current drilling...consistent great results...double resource expected.

    Stage 1 expected $150M and could go lower....

    Stage2 product enhancement segmentation well thought out....

    Av product sales above $11k per tone...

    customers once ordered become very stickty..

    company has ability to meet high level specification.

    In the ramp up of Stage 2 the use of G provided from outside sources is possible..

    this showing the companies concentration on enhanced products..

    demand for specialized products is expanding rapidly...

    the 99999 purity is a great winner and in this % conversion has no losses i.e. 100% product with very high extraction from core..no losses on production  for example others making spherical can loose over 50%.

    Companies product meets strict specs to replace synthetic with natural.

    G product for steel furnaces is so good it can lower electrical comsumption..massive quantities wanted.https://hotcopper.com.au/data/attachments/1364/1364009-1498881979f6b75babb9aaa0231849f1.jpg

 
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Last
2.3¢
Change
0.001(4.55%)
Mkt cap ! $11.79M
Open High Low Value Volume
2.2¢ 2.3¢ 2.2¢ $24.45K 1.092M

Buyers (Bids)

No. Vol. Price($)
1 37 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 326201 1
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