Ann: Talga boosts Swedish battery graphite, page-14

I'm not a geologist but here's my take.

There's nothing much to be excited about in this update. Still searching for what exactly has been "boosted".

-The Vittangi graphite mineral resource estimate has gone down from 8.5Mt contained graphite to 8.3Mt.
-Cut-off grade has been increased to 12.5% from 11% (this is why total MRE tonnage has gone down slightly)
-The graphite price used for the MRE has gone UP from $4,500/t to $5,000t. Seems an optimistic assumption in this market and I'm confused why it would increase since March. That's a price for graphite concentrate btw not SPG/CSPG/AAM.
-The "New Discovery" Vittangi nr6 has average grades of 4-5% Cg, well below the cut-off of the main Vittangi project so this zone is unlikely to ever add to the MRE. Money would probably be better spent on some holes in the lithium tenement than drilling this any further

Positives
-Reminder that the resource is big and very good
-Reminder that Vittangi is only ~1% of the 2030 forecast European TAM
-???