Ann: Results of Share Purchase Plan, page-34

Correct.

SGA has 60mT contained of almost anode graphite.
In Kazakhstan
6m in cash.
Fully diluted MC of ~100M

ITM has 15-32mT contained (exploration target) at sugarloaf (maybe similar spec as SGA)
+ An unknown amount at Lacroma (looks similar size to sugarloaf - similar spec to campoona)
+ 1mT confirmed anode material
In south australia
8.5m in cash
33m MC

So we have;
potentially the same amount of contained graphite (but would need drilling at lacroma and sugarloaf to underpin inferred/indicated resources).
Located in a better jurisdiction
With some of that graphite proven amenable to not only anode spec but spherical
With more cash
For one third of the MC.

I know what I think is better RvR.

Nothing against SGA either i know a few invested there - graphite plays in general should do well. Just think ITM is better RvR reward play. And as pointed out - the more others MC grows in this space the larger the opportunity here.

To your previous question haven't received my excess funds from the SPP yet either.

SF2TH