- low market cap (~50m) and good cash position (~10 mil)
- two projects related to key battery mineral lithium and graphite (they also got other projects but i am interested in the following lithium and graphite projects)
- Lithium - Manindi Lithium project in WA. 3,500 m RC drilling almost completed with outstanding initial results. Expecting assay results soon.
- Lac Rainy Graphite project in Quebec Canada: high purity flake graphite which i understand is one of highest grade global deposit with JORC 2012 indicated and inferred resources of 13.3mT.
- projects in Tier one mining jurisdictions
- this stock was a sleeper for a very long time, which often seems to flush weaker holders and hence potential for big rise (I could be wrong but thats my take)
- I thought the recent pullback as an opportunity to buy.
btw this is based on my research and I could be wrong so please DYOR (share price at the time of this posting: 14c)
