Interview with Peter Wright from Bass Metals, page-5

Another interesting point he emphasized (the importance of which is generally also underestimated by Mr Market) is the lack of debt. ZERO DEBT. Operating a producing and soon to be profitable mine without carrying any debt on your shoulders, is extremely rare and should be appreciated for a junior industrial minerals company (thanks to buying graphmada mine at a huge discount on the bottom of the graphite price cycle, luck ? or management skills ? as the saying goes "luck is preparation meeting opportunity" or "the harder I work the luckier I get"). This would allow the company to get good financing deals for the expansion of the mine and its future projects.

Moreover, the timing of the acquisition of the lithium deposit could also prove in the future to be a stroke of genius from management.

And with rising lithium and graphite prices, momentum is on our side !

Happy multi-bagger grapphite and lithium investment to all !