Ann: Battery Grade 99.96% Spherical Graphite for Lac Rainy, page-72

There's no doubt management could be better.... but coming back to my last post. Here are some MC comparisons, compared to MLS's 28.5m mc.

ITM - 33.5m (management is really good there btw)
BUX - 32.6m (has had good news flow lately, management seems to be doing well also)
LEL - 68.8m (results and newsflow are fast for graphite in QLD, but slow on lithium in Argentina, but split their 2 projects up that's about 34.4m ea for both graphite and lithium projects)
IG6 - 37.1m after today's performance
GW1 - 31.8m
EV1 - 51.6m
VRC - 42.6m (Obviously war is effecting their sp as they have a mine in Ukraine)
SGA - 49m
WKT - 64.1m
LML - 33.4m

So management aside, what does that tell you? The stock market is not currently valuing graphite for much..... And new investors could be forgiven for thinking that graphite is worth much less than iron ore with those valuations, which couldn't be further from the truth.

There's hardly any asx stocks for graphite over 100m unless if it's QGL, RNU, TLG or SYR, there is also NVX but they have shelved their graphite project to focus on battery tech.