more graphie acquisitions, page-9

This has been well thought out. So they raise $3m +, do a 1:40 consolidation, you end up with 45.4 m shares on issue.
Tight as fishes bum.
The company is acquiring ownership in decommissioned Flake graphite mines which were decommissioned due to what happened to the market prices years ago, before china started putting the screws on supply side recently, now making it all profitable again.
Moreover the performance shares the directors earn based on Jorg hurdles and the share price hurdles 30c and 40c shows they are really confident of achieving the milestones.

Now what I like is they acquiring known projects that were previously mined. Thats to say they are not going out in barren ground a drilling and hoping.

Assuming they raise the cash, those taking up shares now and then the issue, a pretty much are assured of some green.

You have south korea which is not some despot african war lord run crap house country. Close to infrastructure, close to processing facilities, stable government.

Very good and somewhat exciting prospects here.

Flux