yes but they need to prove up the quantity. let's just keep reposting from old announcements and and reports on the graphite market.... for something new and beyond just ramping here some of my thoughts:
If they can get some decent estimate of quantity from the drilling program I reckon $50m MC is not out of the question or an SP of about $1. TON and SYR have found some of the biggest of not the biggest deposits of graphite in the world.
At this stage I don't think there is any way to believe that BUX has got anything near what those two have pulled and I've noted that BUX has been very good at emphasising the quality not how much of it there is.
What we need from this drilling program is an indication that the 20% grades are along the 500m of strike and continue at depth. That will excite the SP. I don;t think it's that far aware. Anyone emails Anthony lately and asked what's happening?
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