HXG 0.00% 2.1¢ hexagon energy materials limited

Ann: Amended App 3Y Change of Directors Interest - M Rosenstreich, page-13

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  1. 104 Posts.
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    No we don't know the price deck but the bulk of HXG output is direct to battery makers not middlemen or the spot market. We know it competes with synthetic at $15k per ton so $2k margin is reasonable.
    Financing comes after offtake agreements so yes financing is easily done if the numbers make it work. Scoping opex was under $500 per ton which seems perfectly reasonable imo. Do let us know how you get to a higher opex number as alluded. Happy to be corrected.
    To your other points grade is perfect at 4-6% in soft rock which is ideal. Higher grades tend to mean the graphite is harder to release from ore - a little acknowledged fact of graphite processing.
    Scoping always intended to operate a 1.2m - 2.4m ton operation and processing costs are very low due to purity and lack of deleterious elements.
 
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