HXG 9.52% 2.3¢ hexagon energy materials limited

The next 18 Months

  1. 54 Posts.
    There has been much discussion on whether the deal with MIN was the best choice. I wanted to move away from that and discuss the feasibility study. So MIN must undertake the feasibility study and make a decision within 18 months on SH approval. I have a few questions: 1. What are the chances this would be completed in a shorter amount of time? 2. What exactly are MIN looking to accomplish from this study given that HXG has shared tests on purity of the graphite? 3. If the study is unfavourable, what would be the reason for this? How would this affect the deal? If the feasibility study is favourable, the SP will go North as that has basically guaranteed cash flow once production begins. What do we all think ?
 
watchlist Created with Sketch. Add HXG (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
0.002(9.52%)
Mkt cap ! $11.79M
Open High Low Value Volume
2.3¢ 2.4¢ 2.3¢ $14.71K 639.6K

Buyers (Bids)

No. Vol. Price($)
1 66164 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 50568 1
View Market Depth
Last trade - 15.53pm 27/11/2024 (20 minute delay) ?
HXG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.