Lamboo Resources' (ASX: LMB) share price is up by almost 1600% since August, as its its high-purity graphite seems suited for lithium-ion batteries

Lamboo Resources' (ASX: LMB) share price is up by almost 1600% since August, as its its high-purity graphite seems suited for lithium-ion batteries. Its share price has risen from a 12-month low of $0.04 during August 2013 to an all-time high of $0.675 this month - a gain of almost 1,600%. Lamboo has this week confirmed that high-purity flake graphite concentrate from its Geumam project in South Korea has been successfully and independently trialled in a lithium-ion battery cell. There is growing market appreciation of the fact that Lamboo possesses high-grade, flake graphite deposits that also boast extremely high levels of purity, making them suitable for modern high-tech applications.


2 topics

Gavin Wendt
Founding Director
MineLife

Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.