even if they dont end up buying a graphite project - just any...

even if they dont end up buying a graphite project - just any project thats not coal, iron, rare earths or uranium and the shares should at least get to cash backing of 8.5c or whatever it is

plenty of great bauxite and copper projects in madagascar too - look at AZK's projects

maybe they could develop AZK's bauxite and graphite projects in JV - thatd make sense

political risk isnt an issue anymore since recent elections