MLS dump of the day finished at 4.7 cents with Market Cap $30m cash $16 m Enterprise value $14m
Great grades and the holy grail of Spherical Battery Grade 99.6 %
And there is more MLS has two small Lithium leases surrounded by PMT in Canada.
By comparison BUX has market Cap $35m with $5 m cash
LML has market cap $26,8m after being in suspension for year and questionable management
SGA has market Cap $51m a large resource but low grade and lot of work to get to battery grade.
Might load up a few Wednesday as more to come.
The Company has identified more than 10 times the strike-length of graphitic trends than the
1.6km on the Carheil Trend that has been drilled to date. This highlights the immense potential for resource growth within the project, which will be drill-tested in upcoming programs.
Preparations have commenced for a broad-spaced drilling and trenching program to expand Lac Rainy
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