Noticed company has recently updated webpage but recall reading an article on their previous website published in Paydirt Feb 2016:
"Encouraged by the initial assays, Lanka Graphite was working on completing a geophysics programme it started late last year, with a view to start drilling in Q1. "We have identified the exact spots where we want to start [drilling] at four or five tenements," Arulapalam said. Drilling is on the horizon for Lanka Graphite which has a few more boxes to tick before contemplating production plans. "
Noticed there is a Graphite conference in Perth WA next week (Paydirt) but no sign of Lanka Graphite on the presentation list (though not to be expected until drilling takes place
LGR Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held