Correct either 5cts or 8cts will need to be triggered in the next 11 months for performances and for a prescribed period. Can't happen unless the fundamentals are there.
Concentration on the near term play with potentially large and quality grade resources, as ADV is a minnow and rightfully so, put both Root resources on hold. Expressions for Off-takes and JV now on the table puts much pressure on returning quality grades and tonnages at Seymore and Manitouwadge. If this happens and grades and quantum are returned, IMHO due to the size now of Seymore and the high quality of Manitouwadge graphite, JORC will be a formality.....and so will a re-rate.
Shane;
Lovin you projections. Nearly fell out of my chair !!
Big move this afternoon?, page-52
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