As expected there is still a lot of refining to be done to...

As expected there is still a lot of refining to be done to achieve battery grade

SGR has now partnered with German labs, Pro-Graphite and Anzaplan, to progress the next steps of the metallurgical test work program, aiming to improve on the historical results that returned purities up to 98.6%.

Let’s not forget that different purification attracts diff prices & even coarse flake graphite commands around US$1,200/t compared to fine flakes which are selling for around half of that at US$600/t.

The ultra fine flakes upwards of

$3000/t (more than double what coarse flake graphite can command)

- which is what the battery anode market requires , at a micro-crystalline sizing & SGR are wishing to achieve

To simply evaluate the entire deposit which is the #2 in size on the ASX & #1 in grade on first pass Met results would be simply foolish.

Must Consider the numerous different graphite applications not to mention the huge demand and supply deficit that’s upon us