At the moment we are in the early stages, once we get some cash locked in, old director issue out the way and more results we should at least double our market cap or higher.
Here are a few examples below of a few companies in the graphite sector.
You really could see a JV maybe in the pipe line for the future. Lots of upside on this one.
With the assets alone I feel we would be around 10 million market cap that would put us around 5c a share , once more results are released and other issues sorted out I would say 20-25 million market cap is not out the question. so 10c - 12.5c a share.
Lets look at these for example -
TON - 33c - 102 million market cap
MNS ( UNX ) - 14c share price 38 million market cap
KNL - 25c share price 31 million market cap
SYR - $4.13 share price 665 million market cap.
VXL - 70c share price 105 million market cap
The trick in the graphite sector is finding the ones who haven't run yet , and this ticks all the boxes.
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