RE:RE:End November NearsTodays Shareprice would reflect 5% Insitu price, with a Resource of only 531,428 tonnes pure Cg
(if Avg Grade 3.0% a Total Deposit Tonnage 17.7MT's) Cheers, Mark
"Todays $3.10 SP, 60M shares F/D = MCap $186M
If we have a $21B Insitu Value (3MT’s Pure Graphite x $7000 profit = $21 Billion In-situ Value)
Then our present $186M MCap would represent 0.0088%,or less than 1% Insitu.
Should move to 5% after “Resource Estimate” release."