CHINA RESTRICTS GRAPHITE EXPORTS AS OF DEC 1, page-2

Well this is just what the financing insto would NOT have wanted thats been manipulating the sp at 2c.

Now what do they do ?

Well imo they really need to get things moving cos if this does to the graphite specialists in the market what I think it will then ALL these companies will now trade multiples of what previous expectations were.

They shouldnt have kept fluffing around at 2c !!!

In other words, at a guesstimate, Ancuabes valuation of 6c could well double quite easily dependant on just how strongly the graphite basket price moves.

It may also prompt a move from Yulong re Nicanda Hill, but I wouldnt necessarily count on it as Yulong obviously want Nicanda kept under wraps ftm

Trouble is, now Nicanda Hill will be seen as a primary target as its graphite is much more geared towards EV battery production in terms of its basket price % of production.

But Yulong mining seem to have their name on the NH cadastre lease.

Hmmmmm ?????

Looks like Ill have to get my skates on too.

Hopefully the lack of Ton readership will play out for a few more days of trade yet.

Gr