from the last time started an 'Ugly Duckling' thread (on AMN), the share price has more than doubled from 15 cents to 36 cents; therefore will try my crystal ball hand here, again
* BKT just announced the 2nd highest grade metallurgical results in the market (after from MNS)
* the high grade result of 99.1% TGC (like MNS) was achieved without using acid
* like MNS, BKT appear to have no vanadium impurities in their ore
* MNS have indicated their 99.5% graphite commands a premium price of around an additional $1,000/t because it does not have to be shipped to China for upgrading to 99.5% battery grade concentrate (the benchmark for battery grade natural graphite)
* BKT have indicated there is scope to further improve their concentrate impurities
* The BKT flake size distribution is excellent, with 54.3% of their basket being large size flake or larger and 86% of their basket achieving 99.1% purity
* MNS current has a market cap of $522M fully diluted (after subtracting in-the-money options cash)
* BKT currently (at 6.5 cents) has a market cap of $19M fully diluted (after subtracting in-the-money options cash)
* MNS have declared a Mining Reserve on the Block F and FS orebodies totalling 76 million tonnes at 4.79% Cg for 3.6 million tonnes of contained graphite
* BKT have suggested an initial Mining Reserve of 12 million tonnes at 10.5% Cg for 1.3 million tonnes of contained graphite however BKT have an inferred resource of 131 million tonnes at 7.9% Cg for 10.4 million tonnes of contained graphite
below is the capital structure of BKT, who will have around $2.6M in cash reserves at 30 June 2016
