I wrote earlier in the week about my opinion of the Zn-Pb-Ag potential of the Ubeong project. I'll repeat myself here to say once again that IMO Ubeong is the "hidden gem" in the portfolio. However, having said that, the work that is going into developing the graphite is very promising. Lots of the prior, and often mentioned, access problems with landowners seems to have been minimised, allowing drilling to take place. It's particularly significant that subject to successful initial holes, PSM could move to a drill-out for a JORC compliant mineral resource. This would be a huge step forward. IMO the company is seriously undervalued given the location, multiple portfolio options, quality of assets and metals/minerals that are in heavy demand.
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