HXG 0.00% 2.1¢ hexagon energy materials limited

Agreed Bullant, same old chestnut raised by same old people...

  1. 717 Posts.
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    Agreed Bullant, same old chestnut raised by same old people every time.

    They got $600k in early August & have enough cash for the exploration that has, or is about to, start.

    The company is run very lean at the moment, maybe a bit too lean imo, so cash is not an issue at present.

    Especially with, coming from the company update, the sale of the Korean assets imminent. That will bring in some further cash to boost the coffers.

    I think the roadshow was to get new institutions on board as Bullant said.

    I am told Charles Whitfield accompanied Tony to the presentations today in Sydney & it went over very well.

    Charles apparently stated he had done a lot of due diligence on a number Graphite companies & came to the conclusion Hexagon is the best Graphite company had seen. Make of that what you will but it makes me very happy.

    Anyone who attended the presentations may wish to elaborate on that.

    DYOR
 
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