GPX 0.00% 3.9¢ graphex mining limited

Ann: Resource expansion drilling commences at Chilalo-GPX.AX, page-6

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  1. 3,037 Posts.
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    thanks for that @GeoDrill ...

    SP depends on whether or not the finance/offtake or resource upgrade are completed....

    i would think there might be a few quick profit take sales otherwise and the SP may come back closer to $0.30 or so.... but, if either the offtake/finance or resource upgrade (if positive) are back, then I think there might be a lot more willing to hold, and a lot more buyers ready to tip in their hard earned's.... a lot of de-risking if the finance and offtake is signed...

    the timing of options, offtake, finance and resource upgrade could all be very, very close together.... think that will help hold the price, if no announced delays..
    Last edited by oxxa23: 05/09/16
 
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