Assuming there's plenty of the good stuff on LGR's tenements (and the locale within Sri Lanka is certainly the place to be - the yuks-nuks of the planet's high-grade graphite production!), what's interesting is how big a picture the Company is beginning to sketch for itself.
There's obviously strategic thinking going on here - with tie-ups now with Taiwan University for future rights to commercialise research IP from there (Announcement 22/09/2015) , as well as today's MOU with the Sri Lankan government aimed at developing a native graphite and graphene industry. Of particular interest, I think, is the reference to the potential for Nuclear-Grade graphite, which has been mentioned now in several LGR announcements.
One can begin to sense a company vision that sees LGR at the centre of a vertically-integrated specialist graphite industry within Sri Lanka.
LGR Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
