Happy New Year, page-58

Sell side very thin, coming to the pointy end of final bond approval and funding. Smart investor's are getting in early before the company tick the last few boxes and start the production on the mine. Let's not forget the money required to start stage 1 is only $40m and from what we already know they all but have money lined up, up to and including stage 2. 

-Stage 1= 7 year mine life, cash flows as early as next year
-stage 2 = 22 year mine life (1.4 year payback period- no wonder they have backers queued around the block to get involved)
-Current JORC is only 6% of tenement area 
-Off take agreements signed 
-GRAPHITE DEMAND IS GOING TO GO STUPID IN THE NEXT COUPLE OF YEARS!!!

When you go from explorer to miner the excitement dies down until the money is produced and the mining starts... we are about to roll our sleeves up and start to actually MAKE MONEY... 

That people were letting stock go into the low 2s for so long was just throwing a fortune down the toilet. Just need a little patience, especially given the company is on the cusp of greatness. All that is needed is a little research and a little faith in the company and not paying attention to outside noise to cloud your judgement. There is one in particular who frequents this forum who has done nothing but rubbish the company.. I would only assume he has been the one picking up cheap stock. Why else would one, who has a position as 'held' continue to down ramp? Why not sell and move on? The answer is you wouldn't sell these sub 13c as you are giving them away. Even then, you would really need to need the cash before letting them go.... I also agree with possum, we are heading at the very least 10c by years end... my valuation has me more around the 200m MC - so about 13c in 12 months time, then a 300m MC 18-24 months time. And should the other 94% of the area turn out to something special well, let's just say, if you are willing to sit and hold.. you just need to only have a look at SYR and the MC they have and something around half that will be around the mark I reckon. 

Good luck to all LT holders who, like myself have stuck fat, 2019 looks to be a company making year for us, today's activity is certainly only the very start of it.