There has been much discussion on whether the deal with MIN was the best choice. I wanted to move away from that and discuss the feasibility study. So MIN must undertake the feasibility study and make a decision within 18 months on SH approval. I have a few questions: 1. What are the chances this would be completed in a shorter amount of time? 2. What exactly are MIN looking to accomplish from this study given that HXG has shared tests on purity of the graphite? 3. If the study is unfavourable, what would be the reason for this? How would this affect the deal? If the feasibility study is favourable, the SP will go North as that has basically guaranteed cash flow once production begins. What do we all think ?
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2.2¢ |
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Mkt cap ! $11.79M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $6.857K | 312.2K |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 374622 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.2¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 100000 | 0.024 |
2 | 386221 | 0.023 |
2 | 147000 | 0.022 |
5 | 1217500 | 0.020 |
2 | 54368 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 498695 | 1 |
0.026 | 289259 | 4 |
0.027 | 396549 | 3 |
0.028 | 281127 | 2 |
0.029 | 50000 | 1 |
Last trade - 11.28am 22/11/2024 (20 minute delay) ? |
HXG (ASX) Chart |