CRL gets $8 mill for its IG graphite listing $2.5 mill cash So...

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    CRL
    gets $8 mill for its IG graphite listing
    $2.5 mill cash
    So cash backed essentially at $10 mill EV



    given IG graphite listing should easily
    double/triple the EV here of CRL

    RNU at $230 mill MC
    even at 50% valuation

    CRLs IG valuation in that case around $30 mill
    not valuing 3 other projects
 
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