RE:RE:Graphite Shortage Great question. Going to keep this simple and look at the Market Caps & Graphite Grades only.
NGC market cap $23.46M
Indicated 3.29 Mt at an average grade of 6.4% Cg, containing approx. 213,000 tonnes of Cg.
Inferred 1.43 Mt at an average grade of 7.4% Cg, containing approx. 106,000 tonnes of Cg.
Total 319,000 tonnes of Cg
GEM market cap $2.69M
Indicated 1.77Mt at an average grade of 17.0% Cg, containing approx. 299,200 tonnes of Cg.
Inferred 1.53Mt at an average grade of 16.4% Cg, containging approx. 250,200 tonnes of Cg.
Total 549,400 tonnes of Cg
GEM's graphite is extremely high grade so with less tonnage they have more tonnage of Cg than NGC does.
GEM's market cap is almost 1 tenth of NGC, demonstrating just how undervalued GEM is compared to NGC.
GEM's graphite properties are less than 10% drilled, so there is a tremendous amount more resource to add value.
There's so much more that GEM has as well but just sticking this comparison to the graphite.