Coukd Pak run like GMM

This has a few similarities to Gmm.

Gmm raised money in the 3rd qtr of 2015 at 5 cents , about 9 months out from earning 50% of mine revenue.

Gmm started running from an eight million market cap.

Lithium and graphene are new age materials.

Now to the current pak fundamentals assuming the imagine deal is implemented and management choose the graphene path and not the coking coal path.

Pak raised money at 4.8 cents.

The Riu may 2016  presentation by imagine highlights that the graphene product could hit the market by the end of the year.

The Pak agm presentation lists the licensing revenue forecast and 40% of this would be a tidy sum. Below is the revenue forecast statement from the May 5 announcement.

• Licensing revenue from this verGcal alone projected to deliver > $160M p.a. with gross margin > 50%
  

Pak shares on issue 142 million approx.