This is a good announcement. It shows that Lanka are moving on...

This is a good announcement. It shows that Lanka are moving on their graphite licences quickly to find drilling targets within the old production mines. The old mines were very shallow so there should be some nice big zones of high grade there that they can get stuck into. EM across these clusters is cheap exploration but the resulting targets will be of high value. Cant wait to get the drilling going on this little baby. They could be in production next year if they have simple pure high grade graphite that they can sell direct with minimal processing.
R