They should just announce some rock chips or find 2m thickness @ 1000ppm from 80m's deep and we'll 50-100m MC in no time.
Eventually the market catches to good value propositions - which is frustrating as it has been for me as well. With the met work we'll know a little more about prospectiveness for economic extraction. The exploration target provides at least some certainty of a viable resource size and the implicit depth/thickness to which it will be mind.
On the basis of that alone i think the MC is excellent. The graphite aspect which is mainly now a rejig/re-optimisation based on new technology is a company maker in itself as well. Plenty of graphite explorers out there with equal MC's. ITM again de-risked via a processing and mining licence and met work already proven. Not just drilling and hoping for something to come back.
SF2TH
They should just announce some rock chips or find 2m thickness @...
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