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4.55%

2.3¢ hexagon energy materials limited

I reckon they were close to a deal...but now the product is so...

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teddie

449 Posts.

69

01/02/18

21:24

Post #: 30752461
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Originally posted by william3874 ↑

Always the potential for a let down we are in the micro cap space. Hard to see this not going to plan, we have some of the best graphite in the world, in as stable location as you can get, with relatively low operational costs and we have a lot of it and demand for graphite is expected to scale up at a massive pace over the next few years.

An issue i see is we have top quality product that we will be looking for a high price, how long will it take to find a buyer who needs enough of the good stuff to warrant a contract big enough that is going to justify an institution loaning us the funds necessary to build a mine...

Any one know enough to take a guess at what size contract we would need to warrant the funding to build a mine?

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I reckon they were close to a deal...but now the product is so much better they probably will look to sell for a better price and that may take extra time...patience needed for a better outcome.
Spoke to someone who knows the register pretty well and the big 500k lines that keep popping up can only be residual shares from ex vendors like the Koreans who place orders with Aus brokers and they stupidly put the lot on in 1 hit......bugger all left and once gone this can really fly

HXG Price at posting: 21.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
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)

HXG (ASX) Chart