It's clear to me management have prioritised Kambale for good reason.. they have likely made a few assumptions regarding where the price of battery-grade graphite is headed... and the idea is that if what we have is viable for battery anodes at a much improved 30-50MT JORC resource estimate, then we'll all be very happy holders...
The rest of our projects could all be considered very early stage, so there's a risk that if we sink time and money into them now and the results are underwhelming, we might just end up back at square one.
Kambale is the failsafe IMO.
Just my two cents.
Ann: Kambale Graphite Project Diamond Core Drilling Completed, page-11
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