XSO 1.45% 3,123.6 s&p/asx small ordinaries

Jako here's some info on African Graphite plays Recent research...

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    Jako here's some info on African Graphite plays


    Recent research report On African Graphite plays

    http://www.imxresources.com.au/_con...an and South Australian Graphite Projects.pdf

    Company's covered
    SYR $750M JORC: yes Offtake: Yes Project Status: very advanced
    TON $100M JORC: yes Offtake: Yes Project Status: advanced
    MNS $80M JORC: yes Offtake: Yes Project Status: advanced
    MTA $13M JORC: NO Offtake: NO Project Status: early
    IXR $10M
    JORC: yes Offtake: Yes Project Status: advanced



    The standout stock for me based on market cap and project status and off take is IXR but just my thoughts


    Specific IXR commentary
    Given the rapid development of its peers in the region the shares could be consideredundervalued relative to its peer group. This is well supported by the superior early stage geology compared to that of the Nachu Graphite project (ASX: MNS) that’s currently tradingon a market cap of ten times that of IMX Resources.
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