Interesting development. They slightly under delivered on the...

Interesting development. They slightly under delivered on the cash flow (713k instead of 686k) and about the production date (it was supposed to be end of July and it will be end august) but the fact that they pivoted to a "graphene production plant on site" type of strategy looks very very appealing to me because they will have the flexibility depending on the prospective client to ask for upfront payment or royalties on the final product.

The potential of this if it ends up in a bidding war on our graphene between big European, Japanese or Korean companies is, in my mind, not to be underestimated.

The big big addition in this announcement is the potential to use electromagnetic survey to detect veins. It widely offsets the principal difficulty of Sri Lanka, which is about finding high yield narrow veins. And our big big exploration licence allows us a very wide area of testing. Promising.