Great to finally see a response by the company. It really shouldn't have got to the point of shareholders having to constantly email the company to relook at Kambale given how well EV sales are growing...but that's all in the past now, we influenced change and got a result.
Still only a $8.8m market cap ($6.2m EV) at 1.2c with our $2.6m cash. We should really be trading at a $15m market cap (+2c share price) at a bare minimum given we now have confirmation that Kambale is being relooked. I've seen cash strapped shells going for more.
Thought i would also share this note from UBS a couple of weeks ago, really shows the impending supply crunch for graphite.
Ann: Castle to Reappraise Kambale Graphite Project, Ghana, page-57
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