HXG 0.00% 2.1¢ hexagon energy materials limited

I attended this morning, I really couldn't be any more bullish....

  1. 201 Posts.
    lightbulb Created with Sketch. 1
    I attended this morning,
    I really couldn't be any more bullish.

    3 ton bulk sample being put together from the entire deposit for the US end user.

    The end user is believed to be the largest player in the US in this space (not releasing name yet on end user request)

    Tony explained to me how flake size is almost irrelevant to battery market when your deposit has as little contaminants as HXG. Flake size is important during beatification if you have a lot of impurities

    HXG will sell a blended conentrate (multiple flakes sizes) which when sphericalised drops to 50 microns anyway.

    Management are very focused on a solid off take partner not something to fluff the market. i expect when that announcement comes it will be solid as and a huge milestone.

    The 90% recovery of graphene from HXG's graphite is apparently not seen anywhere in the world. The closest is Sri Lankan vein graphite at 80% recovery

    Hengda and Korean asset very close to being resolved / sold (i'd say weeks by the sound of it)

    This has a very long way to go!!!!!
 
watchlist Created with Sketch. Add HXG (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.000(0.00%)
Mkt cap ! $11.79M
Open High Low Value Volume
2.1¢ 2.1¢ 2.1¢ $0 20

Buyers (Bids)

No. Vol. Price($)
6 675862 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 284686 4
View Market Depth
Last trade - 11.40am 04/12/2024 (20 minute delay) ?
HXG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.