@free2nap where is the $9.6mill coming from into MLS by June ?
3. Lac Rainy Graphite in Quebec with JORC [email protected]% and NPV @$123m - another $30m
Absolutely underpriced & undervalued here, graphite is hot property so you have to look at 10% in ground value meaning
13.3Mt @ 11.5% is roughly 1.5Mt clean graphite ( if non flake graphite it’s $1000/T if high quality flake graphite it’s $2000/T )
It’s a $1.5B worth of resource & at 10% in ground value MLS MC should be $150mill minimum just based on the graphite.
As always people DYOR
Ann: Trading Halt, page-153
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