Agreed FRB, " if " a management team could get circa $ 20...

Agreed FRB, " if " a management team could get circa $ 20 million, to repay debt and finance the initial equipment to get the plant up and running 24/7,the existing circa $ 20 million in options would quite possibly be redeemed in full,they still have around six months until they expire.

Meanwhile not too far away from Uley lml,seem to want to duplicate Uley's processing plant.


http://www.lincolnminerals.com.au/p...11-27_AGM_Managing_Directors_Presentation.pdf

The Eyre Peninsula may well be the Pilbara of Graphite,but IMHO it cant work as the Pilbara does for Iron Ore,ie,each mining operation working independent from one another.
Happy to be proved wrong.

Raider