I wonder what “in ground” $ value could be placed on the Graphite? Gold for example is roughly $50/ounce at present. RNU has 6.4m tonnes of contained Graphite. For simplicity sake, if its inground value was $10/tonne, that would make the resource alone worth $64m. Food for thought or discussion given MC at roughly $20m.
For reference, here is the latest planning timeline:
Ann: Results of Meeting, page-14
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