Also Mandurah the market Cap for UNX is approx $38 million with a share price of 17c
We cannot include options which have not been exercised at this stage of the equation.
Syrah is $480 million so we are currnetly valued less than 10% of the Syrah cap
I know where the potential upside is situated
2013 has been a very long road for some - lets enjoy the next few weeks which will signal the beginning of hopefully great things for UNX
Remember UNX has 9 zones to drill and whereby it can cherry pick the best positioned zones for production. Not only that but keep in mind they are very SHALLOW with the potential to drill deeper if need be.
The company has so many more options potentially than other junior graphite plays on the ASX and TSX.
Cheers
Matt
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