SER....Enginerring study for Uley Graphite. CAPEX $33m ( with a cheaper option of refurbishing the existing plant) OPEX $300/tonne. EBITDA $45m PA. Initial mine life approx 9 years. Have been holding a few million shares for a couple of years ( surprisingly still well ahead)on the belief that it will be one of the rare producers.....not withstanding the lengthy delay with Mega Graphite. SER holds 20% of Uley.
