Great stuff Bullant. I think they also might have HXG a little...

Great stuff Bullant. I think they also might have HXG a little wrong in terms of the relative values (EV/tn) since we know they are very confident of more than doubling the resource as we bring the east side of macintosh in, with aeromag indicating that whole resource is closer to 300mt at 5%.... gets us to 15mt of contained graphite. The differnce they also fail to mention is that our graphite here is consistent across the WHOLE deposite rather than say 10-15% of the large flake (call it purity) required for battery grade at say most of the well known East African deposits. I would say that adding these two differences ie the competition is 10% of the stated resource for batteries whilst all of our 15mt (contained) is likely battery grade would make us 1/10 of the cost (EV/tn) than the African comps. I have never been more bullish this thematic nor bullish this as the best entry into the next 5-10yr EV bull mkt.