“This is a highly complementary acquisition for Archer as it provides the Company with deposits of high-demand flake graphite, immediately trebles our JORC graphite resources and, with numerous largely untested graphite prospects, provides opportunities to further grow our graphite resources.”
"Large to jumbo flake indicated in petrology at Cut-Snake, Balumbah and Argent"
"As part of the due diligence process, Archer undertook metallurgical test work and recovered large, medium and fine flake. Additional testing is underway and the results of that test work will be announced in the coming weeks"
and there's that comment again......
"Archer’s strategy is to discover or acquire resource projects, to add value through the exploration and resource definition stage and to grow shareholder value through development, strategic partnerships or divestment. Archer looks forward to updating its shareholders as its plans are implemented."
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Last
29.0¢ |
Change
-0.015(4.92%) |
Mkt cap ! $56.06M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 29.0¢ | $59.97K | 201.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 212875 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 29536 | 1 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| AXE (ASX) Chart |
