HXG 4.55% 2.3¢ hexagon energy materials limited

El why do you have sour grapes. In time you will understand this...

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  1. 430 Posts.
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    El why do you have sour grapes. In time you will understand this is an amazing deal for us. I am not sure where you think 150m falls from and finding a team of 50 plus to develop and run a mine ? MIN are the best in the business and will get this operational quickly. End users in graphite are a bit more complicated than lithium. ESP for the ultra high end purity stuff only require a small amount and are most certainly not in the business of funding projects. We are completely free carried thru to commercial production. I expect MIN to start turning the drill rigs ASAP and build out the resource a bit more. Keeping numbers simply MIN effectively paid $150m for 51% (or ruffly the cost of what it would be for us to get to commercial production) and leaves 49% for hxg. Our market cap is $60m which is crazy ..... in a perfect world MIN paying $150m for 51 % and using this look thru valuation for our 49% should be worth at least $140m with no capital requirements! What if MIN build this out and want to produce 200k per year ? We are back to where we were original producing 100k for not $1 needed from shareholders and zero dilution.
 
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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
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Last trade - 15.36pm 06/11/2024 (20 minute delay) ?
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