MLS 0.00% 2.4¢ metals australia ltd

Ann: Scoping Study Results for Lac Rainy Graphite Project, page-40

  1. 4,447 Posts.
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    Looks good. The forward assumption on price is...very modest, to say the least. I've been following this story for a couple of years, and the PFS is great.

    Let's put it this way: for a $10M market cap company in the graphite space to say that if you put $1 in to making this mine you'll get a minimum of $1.6 out with bargain basement prices, running into a supply squeeze on anode materials and looking forward into 250 gigawatts of factory production required...with a deposit running 11% TGC, in North America.

    I reckon it's worth a punt. Truck backed up. Beep beep.
 
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