SGA 0.00% 18.5¢ sarytogan graphite limited

Ann: Mineralisation Extended up to 1km Outside Existing Resource, page-48

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    That would be an extremely poor punting strategy IMO - as the geological basis for the mineralisation existing is not going to change over a few hundred meters. If it were flake graphite deposit - then yes the flake size might change from section to section.

    Still, watching with considerable interest. If they can use this graphite in the BAM market on a below average cost basis this company will be huge. That it is not yet proven explains why this is a $60 million dollar company (and slightly over valued) and not a $250 million dollar company (and undervalued) even at this early stage. Will be very interesting to see how this goes in particular with the PFS & DFS studies which will need costing breakdowns on production.
 
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