It is hard to fathom this company has a world class asset at Ancuabe, completed drilling, millions spent on a robust DFS, secured the Environmental license and Mining concession, binding off-takes for 50% of production, finalised the EPC contract, collaborated with a strategic partner who has offered attractive access to mining machinery and competitive finance, has a tab over $3.5M in breathing space to re-evaluate the organisation's direction.
Not to mention the extensive value in the drilling (tens of millions of dollars$$) at Nicanda Hill, only to discover the worlds biggest graphite and vanadium deposit, with a previous near completed DFS.
And the share price is less than a just listed small cap that hasn’t even put a drill bit in the ground!
