Yes, very undervalued asset - they have a lot of graphite, look at the peer comparison slide in their preso (also they have only drilled 5%) but the key point is that they can cater for a broader market given that they have jumbo flakes. I saw some samples a while ago and they are like chewing gum wrappers!
The demand for graphite is certainly there! in China, petrol cars are restricted to being on the road a few days a week - but electric vehicles have from memory twice the allowable road time.
The other piece which is worth researching is the massive Zinc play in **on. They have over $2 m cash and a very low MC of $12 mill.
Yes, very undervalued asset - they have a lot of graphite, look...
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32.5¢ |
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Mkt cap ! $66.59M | |||
| Open | High | Low | Value | Volume |
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