another graphite company in sweden

This is a Canadian company with a near ready to produce graphite asset in Sweden. They are in the South and we are in the far North. About 23 hours drive away.

http://www.flindersresources.com/s/StockInfo.asp

http://www.flindersresources.com/s/woxna-project-overview.asp

Interesting to see they are

Located in central Sweden
Close to European customers
Fully permitted for production
Excellent infrastructure in place
Less than $5M Capex to restart production

Also low share issue, $10 mill in bank and a 99 cent share price. (not sure what this would equate to in AUD)