1.40p 2.32p resistance / 0.95p support /Graphite play
$30m capex to $300m NPV Graphite mining play
Last placing at 1.1p & possibly a good price for entry around there.
Warrants at 2.2p within 3 years.
Please be aware that Paul Johnson is now on the ACP board.
-- Test-work programme aimed to progress the MOU to a binding agreement is planned to start before the end of Q1 2019
-- Discussions regarding the remaining 19,000tpa of production ongoing with a number of potential customers
-- Feasibility study drilling completed with further site activities
- Don't hold any shares -
A higher risk play as down trend hasn't been reversed & no confirmation of it as yet.
Last placing at 1.1p & possibly a good price for entry around there.
Warrants at 2.2p within 3 years.
Please be aware that Paul Johnson is now on the ACP board.
-- Test-work programme aimed to progress the MOU to a binding agreement is planned to start before the end of Q1 2019
-- Discussions regarding the remaining 19,000tpa of production ongoing with a number of potential customers
-- Feasibility study drilling completed with further site activities
- Don't hold any shares -
A higher risk play as down trend hasn't been reversed & no confirmation of it as yet.