Column 1 0 A further six tonnes of high-grade Sri Lankan graphite has been shipped to Adelaide for graphene testing and production.
Where did that come from? Going by the careful wording - "Sri Lankan graphite" - I'm guessing they bought it from one of the already operating mines. I think they should be naming the actual location where that sample comes from. As it stands, the graphite could be from a job lot of HB pencils picked up in Colombo. Presumably, if the results come back positive, they'll be passing off those results as a big plus for their mines-in-the-making.
No, I don't hold this stock and no I'm not trying to downramp it. Their releases fascinate me in the lack of detail they manage to get away with. I'm also fascinated by their ballsy "just f-ing mine it" attitude. At least it's not their own money they're risking.
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