HXG 0.00% 2.1¢ hexagon energy materials limited

HXG similarities with MNS

  1. 924 Posts.
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    I would recommend you to compare what MNS has in their graphite project as compared to HXG. MNS has a bigger resource at the moment and is in BFS where as HXG is in PFS however MNS is based in Tanzania whereas HXG is based in Australia and will have very low Capex cost - probably a quarter of the cost or less than MNS! The grade qualities and purity are very similar and both have stated they are in off take discussions. MNS has a market cap of $258M as compared to HXG at $23M. HXG in my mind is a ten bagger from where we currently are once off take agreements and development financing is put in place and much higher levels when in development/production. What a developing story we are witnessing.
 
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