Synergy, it gets even better at Focus. They have higher graphite concentrate of circa 15% per tonne. We have circa 11%. Similar jumbo flake concentrate as well. And Focus Mkt Cap is circa $11-$12 million. Our Mkt Cap is circa $32 million. Less say $19 million cash gives us an EV of $13 million. So, you would say comparable. Yet, Focus is way ahead of where we are. So, it begs the question how can anyone say we are undervalued based on the graphite deposit?
MLS Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
