HXG 4.55% 2.3¢ hexagon energy materials limited

Beautiful and concise update... MRL are to fund and complete the...

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  1. 150 Posts.
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    Beautiful and concise update... MRL are to fund and complete the feasibility and all Stage 1 development costs to commercial production – based on a production scenario of 100,000tpa of graphite concentrate.

    They are targeting an average sale price of $2,120 per tonne initially, but it will vary greatly based on quality (60% at $3,000 and 40% at $800). This will probably get even better with improved downstream processing. Opex of $800 per tonne.

    With 100ktpa it's US$212 million in revenue on US$80 million opex per annum. 49% of that being US$64.68 million per annum. That's more than the current market cap.

 
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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

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No. Vol. Price($)
1 37 2.2¢
 

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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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