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4.55%

2.3¢ hexagon energy materials limited

Awesome summary confirms all that those with imagination can see...

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tonethegroan

926 Posts.

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23/11/18

13:01

Post #: 36617293
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Originally posted by alecfra ↑

Important timeline discussion details here...….it is for FULL PRODUCTION...should be able to be advanced on work up volumes.
MIN has large cash warchest...spent $6m on current drilling...consistent great results...double resource expected.
Stage 1 expected $150M and could go lower....
Stage2 product enhancement segmentation well thought out....
Av product sales above $11k per tone...
customers once ordered become very stickty..
company has ability to meet high level specification.
In the ramp up of Stage 2 the use of G provided from outside sources is possible..
this showing the companies concentration on enhanced products..
demand for specialized products is expanding rapidly...
the 99999 purity is a great winner and in this % conversion has no losses i.e. 100% product with very high extraction from core..no losses on production for example others making spherical can loose over 50%.
Companies product meets strict specs to replace synthetic with natural.
G product for steel furnaces is so good it can lower electrical comsumption..massive quantities wanted.

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Awesome summary confirms all that those with imagination can see in HXG. This story offers wonderful risk/reward potential!

HXG Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.3¢		Change 0.001(4.55%)		Mkt cap ! $11.79M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.2¢	$24.45K	1.092M

Buyers (Bids)

No.	Vol.	Price($)
1	37	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	326201	1

View Market Depth

No.	Vol.	Price($)
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 - 15.36pm 06/11/2024 (20 minute delay)

HXG (ASX) Chart