I am a non believer in their graphite resource.
If Magnus Resources come online they will be producing 20% of global demand. There will be an over supply.
Look at Blackrock Mining who have found the largest and highest grade graphite site in Tanzania, directors have been loading up on that stock since 10 cents and still have been as late as last week and the shares are at current 4.4 cents. Graphite projects at current don't excite me in general at the moment, especially Manitouwadge.
Graphite?, page-4
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