Ann: Further High Grade Results at Ancuabe, page-77

jansoori, you would need to compare apples with apples, or tenements with tenements.
so, you would then need to use say the nicanda hill tenement to compare & not the current tenement ancuabe!

its not all about grade alone, you seem to be making the mistake many resource investors do in comparing.
graphite very much is an end user specific resource with a very specific end user requirements.

please dont take this the wrong way, but it would likely help you heaps if you spent some time on the graphite titled threads and sift through quite a few posts which outline the demand, requirements and the many variables which apply to gain a much further understanding of graphite which will help many in further understanding the sector more, imo!