re: Ann: 110% Increase in Nunasvaara Graphite... Hi Captain....

re: Ann: 110% Increase in Nunasvaara Graphite...

Hi Captain.

Question is whether or not the market has been anticipating
this one?
They have been bantering 15KM strike length for a while
now, so this resource re-estimate is simply confirmation of
this.

I begged to differ, the company has not drilled any more
of that 15km of strike, they have only drilled 8% of this
strike.

The previously reported estimate 3.6 mt @ 23% containing
828,000 of contained graphite

Now, we have 5.6 Mt @ 24.6% cg in the Indicated.
2.0 Mt in the inferred, which equates to 1.8 Mt of
contained graphite, @ 10%cut off.
Other companies would only dream to have this great grade
and would be happy to have our cut off grade as there
resource.
This company is in for a rerating, with Mark Thompson
addressing the mining communities and brokerage companies
and investment banks in Stockolm, London, and Australia
shortly.
Also do not forget the Chinese delegations Mark
Thompson is taking to Sweden.
I should imagine some investment houses will be reading
over this release as I write.
All looking great as far as I am concerned.



Cheers.
Simmo.