Ann: CRL and International Graphite to create integrated business, page-30

CRL
Got an $8 mill IPO share stake in International Graphite
new company, 25%.

Co. valued at $32 mill MC.

Renascor and Ecograph graphite peers
have MCs from $270 -$300 million

That payment of $8 mill of stock could be a huge multibagger .
CRL would go up with it as well.

Financially, this deal is potentially massive!
And not massive in a geological sense, in a $$$$$ sense.