The testing may not take too long, but as it has been carried out by the Chinese parties and not Graphex, we may not hear the results immediately. The testing forms part of their due diligence before signing an offtake/financing agreement. Given that the exclusive due diligence period ends on 31 July, and it's been suggested that everything is progressing very positively, I'd expect a very favourable announcement around that date (may be a short tiem afterwards but no concern if that's the case). This will be the announcement that takes us from a "probably" to a "definitely". Watch the share price rocket when it comes through. Meanwhile, load up with whatever you can!*
*in line with your risk appetite and in accordance with the professional financial advice that is recommended with any investment.
GPX Price at posting:
57.0¢ Sentiment: Buy Disclosure: Held
