Wow, can't believe this closed at 1.7C.
$6M in cash, $1M funded by Royal IHC, production costs looking like they will go down in PFS, graphite resource looks like it will increase, battery use increasing, SA government supportive, potential offtake in 2018! etc etc.
This is a no brainer at this level. Time to top up, I can't see it staying at this price much longer.
Ann: Breakthrough to Drive Lower Spherical Graphite OPEX, page-20
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