Mahenge will be a significant low cost supplier to the graphite industry Potential to create pre tax cashflow of US$985m over an initial 15 year mine-life Scope for further improvement as this utilises just 25% of the current resource
Receipt of a Mining Licence for the Project will be one of the final and most important de-risking milestones for the Company and we look forward to being able to update further with regards to progress.
To sell in the market 40 plus million more next week , then if the price holds / tanks he got out at a higher price then the 7p/8p . If it wasn’t for his 20p offer, and he was selling the price would drop but pi s don’t as they see 20p offer but it has conditions.
Keeps selling each day down to 0, but keeps the 20p offer till then to keep the price up.Then like in the RNS today about Managment then says he takes his offer off the table now .
Would the price be 13 or lower , any thoughts out there