Hopefully this post's formatting will behave - so ignore the above that will be removed.
With the deep diving@MrGraphite2has done and kindly shared with our Panthera, I have to admit this Xmas could be a really good one for Bemmers! Lol. I just don't see our news re our fully-funded JV Expandable Graphite Plant about to commence construction not being a catalyst for a rocketing SP or even a serious re-rate for the company.
I couldn't help but be annoyed that another company is being touted as the "quiet achiever" on Twitter when this is how its graphite resource upgrade compares to ours:
THEIRS:9% increasein Total Indicated Graphite inventory@ 4.5% TGC& Exploration Target of only86-146 Mt
The cut-off grades for Razafy NW are even higher than their feed grade across their resource! So, its not hard to see that we have a superior resource in terms of size and grade and superior achievements by management given the other company acquired their graphite project years before BEM even listed on the ASX!
The other graphite developer that just listed on the ASX has a MCap more than three times ours (although pulling back now). Its graphite project in Tanzania has a CAPEX double ours. And, there's several other graphite wannabes with nothing more than proposed mines and no tangible downstream development in the forseeable future with MCaps multiples of BEM's. Go figure... well, I have, andI'm convinced that our SP is being suppressed and that its been slowly accumulated (as you point out... accumulated for months), and as frustrating as that is as a holder, sooner or later the pressure will release. I reckon the management team are intentionally harnessing that right now!
Bring on the roaring Panthera release, please!!!
BEM Price at posting:
11.8¢ Sentiment: Buy Disclosure: Held
