No value attributed to balama at all so they should complete the DFS and then spin it off so the some value can be realised. Give some shares to shareholders and then sell down some of it to raise some money for BAT to get monte into production. It arguably targets a different graphite market given the large flakes. BAT could retain a right to the battery grade material.
DF needs to be thinking outside the square here
BAT Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held
