Absolutely correct, it’s not small at all, 1.4Mt in Ghana in the first 100 meters so a total of $3B worth of graphite ( @ average $2K/t spot price )
CDT can sell that tenement for 10% unground value for $300mill, if that’s not enough then I don’t know what is.
1.4Mt would be enough for a 14 year mine life @ a rate of 100Kt a year production @ a yearly revenue of $200mill , for a small MC company that’s massive imo
Another comparison is IG6 has only 900K graphite & it’s $36mill MC
Lot of invalid & misleading information in posts here this morning, you guys are your own worst enemies down ramping CDT like this.
Not financial advice, DYOR
Ann: Castles Kambale Project Exceeds 1.4Mt Contained Graphite, page-51
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