Hhhhmmm... looking at many of the other Graphite plays, we are seeing sovereign risk in Africa, heavy taxing in Africa (Tanzania), having the cost and inconvenience and time and certification problems of moving whole villages in Africa, payments to politicians and bureaucrats in Africa and elsewhere, together with lower purity levels, and unqualified graphite directors and technical staff who sound like they know very little about the mineral, and transport issues, poor infrastructure, local and tribal dissension, regulatory bottlenecks...
.... in fact the list of problems for many other ASX Graphite companies goes on and on....
HXG has none of these problems.
In fact, they have the purest natural Graphite in Australia, and probably one of the purest in the world. They have the best technical people, good management, and directors and staff who are open and available.
The management and directors are prudent, cautious, technical and honest, and they over deliver by being realistic and sensible and appropriate. This is rare in the ASX small cap space, which is filled with spruikers and ramblers and con men.
HXG is the no brainer, of all no brainers, in the ASX Graphite space IMHO.
But you do your own research, because the market doesn't always reward the best, it often just rewards the loudest, or the most cunning, or those with undeserved momentum, or the best marketers, or whoever (at random it often seems).
But put simply, this is a good resource, with good management, in a safe jurisdiction, with a mineral that is in demand.
It's time has come.
Gw
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Hhhhmmm... looking at many of the other Graphite plays, we are...
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2 | 386221 | 0.023 |
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Price($) | Vol. | No. |
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0.027 | 396549 | 3 |
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0.029 | 50000 | 1 |
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