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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El why do you have sour grapes. In time you will understand this...
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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($) | Vol. | No. |
---|---|---|
2.3¢ | 326201 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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) ? |
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