IMO, GPX Is the best Graphite play on the ASX due to significantly undervalued market cap which has resulted from the Tanzania mining law saga.
- Company has announced alternative financiers available if CN Docking bail
- Offtakes secured for $150M pa of product
- Worlds coarsest graphite
- Significant on-going demand from China
- Dedicated Director (Phil has done countless visits to TZ)
- Infrastructure a non issue in my opinion (based of TSI assessment)
- $2+ SP target price
GPX Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
