re: Ann: Graphite Acquisition - 15-20Mt Expl....
It is impressive the exploration assets that GBE has acquired on such a cheap basis. This graphite target looks like another winner. Quite a suite of projects for a company with a $30m mcap!
I usually don't invest in pure exploration companies, because they can be very hit/miss. But GBE provides the upside of an explorer with the risk reversal of trading at cash backing (plus a valuable JORC project highly valued by the Chinese). Gotta love a zero EV company from an investment perspective.
Kanyika Niobium - free Mount Muambe REE - free And now large graphite target/'resource' - Free
Yaq
GBE Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
