rm research report also has sovereign at 345x....
best quotes from that report, confirming what you say jaff:
"While prices for small, medium and large flake graphite have declined by over 30% in the preceding two years, prices for expandable graphite have increased 10% over the same period"
" The real value in RM Research’s view is the potential size and strategic value of JORC Resources at Chilalo that have the potential to match or surpass Magnis in both quality and size. "
Ann: Project Partners complete product due diligence-GPX.AX, page-47
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