This announcement is outstanding for a graphite company. They just announced a significant purity update last week and now they have miles of free dig, jumbo - large flake graphite running for 20km at surface. This means this is going to be a low cost, high end product graphite that should leave a lot of these others behind. Significant reduction in capital and operating costs. They also have power and a work force very close by. There are other graphite companies out there with 3 times the market cap with none of this lined up. SVM wont be running out this stuff any time soon. its a very large play and they have cash and own 100%. Another Middlemas tick off imo.
ps
very small market cap down here for this asset
dyor
SVM Price at posting:
36.5¢ Sentiment: None Disclosure: Unspecified
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