I had forgotten just how much graphite is thought to be in the ground at uley.
from the 2009 ser asx release.
Exploration potential resource of 25-150 milion tons at 7-12 %.
perhaps a mean of 100m @ 10% for 10m tonnes of graphite.
I expect Mega are very hapy with their $70m purchase,and a mill thrown in, not too far off cranking out the dollars.
I look forward to being a Mega shareholder.
Regards
Pixby
a lot of graphite .
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