HXG 0.00% 2.1¢ hexagon energy materials limited

the future lies here Near Term Milestones - on the...

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    the future lies here
    Near Term Milestones - on the commercialisation path
    Stage 1: “Upstream” McIntosh Joint Venture (Mineral Resources - Manager)
    • Mineral Resources JV Agreement signed (to replace binding HoA). Aug-Sept 2018
    • 12,000 metre drill program in progress. Completion in Nov. 2018
    • Feasibility study updates; drill results, resources, flowsheets, Opex and CapEx – ongoing until October, 2019
    Stage 2: “Downstream” 100% HXG Focus
    • Pilot Furnace agreement with US based technical partner. Oct-Nov 2018
    • Scoping study on refining and downstream processing business case. December, 2018
    • Test work - purification for refinery Feasibility Study. Q4 2018 to H1 2019
    • Test work - product qualification for Electrodes Line and Battery Line. Ongoing 2018 & H1 2019
    Other:
    • Off-takes / Marketing Agreements – ongoing, inline with above test work
    • Ongoing review for fast track production/marketing options e.g. other “McIntosh like” deposits
    • Halls Creek transaction – IPO, Farm-out or Sale
 
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2.1¢
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Mkt cap ! $11.79M
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