I don't think GCM needs their own graphite mine for the VHD graphite technology to be viable, as they can source graphite elsewhere. So, I don't think the share price will drop "big time" if they lose, in my opinion, since the bulk of the current market cap is due specifically to the recent acquisition of the VHD tech which caused the increase of the share price from the 0.2 - 0.3c range to 1.9c
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General Discussion - GCM, page-32
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