Don't forget our graphite asset which could be worthy $20m - $40m, maiden JORC resource to be released this quarter.
Current market cap: $19m
Current cash estimated: $3m
E/V: $16m
MUS' Graphite asset:
License 6678L (MORC-004): Exploration Target of 18.66 Mt (at an average grade of 13.6% C g ) to 29.84Mt (at an average grade of 9.7% C g )*
Exploration program confirmed wide, high grade intervals of up to 22% Total Graphitic Carbon (TGC) License 6678L: 67m wide high grade graphite zone with 23 samples above 15% TGC, including intervals @ 22% TGC and 20.7% TGC License 4661L : 74m high grade graphite zone, including intervals @16.5% TGC and 18.8% TGC