a valuation for molo

Ok, Im attempting to piece together a valuation for MGYs interest in MOLO. Im just looking at MOLO as EZG are fast-tracking to get a NI43-101 compliant resource in a matter oif months.
There was an attempt by a well known publication to put a value on SYR Balamo deposit recently. They used Canadian listed Focus Minerals as their basis. FMS have 4.9mt tonne graphite resource graded at 16% and a mkt cap of C$77m. This worked out as a mkt cap of A$15.4 per tonne.

Assume MOLO as 8% grade and therefore apply $7.7 per tonne value. MOLO estimated to be between 50mt and 100mt. That suggests a value of betweem $385M and $770M.
MGY 25% share of this would be between $96M and $192M.
Assuming that EGZ shares reflect similar valuation then also MGYs shares in EGZ would be worth roughly $15M - $30M.

So MGYs stake in MOLO could be worth between $111M and $222M.

And this is just for the graphite in MOLO alone. There are 11 other JV target zones. There is the vanadium. There is MGYs 100% owned 110km graphic schist. etc etc..

There are a lot of assumptions in the calcs and I'm not entirely confident of what Im doing. So I would welcome someone with greater knowledge to pick holes in my valuation. But I have to say the potential is quite frightening.