HXG 0.00% 2.1¢ hexagon energy materials limited

Ann: Lithium-ion Battery Results and Placement-HXG.AX, page-21

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  1. 682 Posts.
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    I'm confused by your post danehill. Yesterday you were extolling the virtues of current management, today you're lighting torches and grabbing for the pitch fork, for what? Because they didn't educate you on the industry/material your invested in?

    Can I help you out? It is actually quite simple and I profess to only know this because I chose to spend time and research the industry I invest in. Those with experience in this particular field will no doubt have a greater level of understanding and may correct and/or add to my rudimentary knowledge.

    Graphite has a theoretical capacity of 372 mAh/g, this is a measure of how much and how long a battery's charge will hold. Graphite anodes are very popular in battery's such as Li-ion because while the theoretical capacity might not be massive, it can be cycled a lot.

    So if HXG announces that their initial test work results are approaching this theoretical capacity with >370 mAh/g would that not indicate that the material is extremely high grade and potentially highly desirable?

    As for wanting know if assays have been sent, etc... ASX listing rules require material information to be released as and when available. I doubt that any of your questions constitute material information - as an investor you have a right to ring your company to seek information, that is generally the avenue for these types of questions. I would prefer to see two page announcements that get to the facts rather than reams of twaddle, not withstanding the time it must take to write, its of no use to my investing strategy.

    There is a simple rule in investing, DYOR and act/react accordingly.
    Last edited by parcs: 06/10/16
 
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