What is Duncan looking at here???
Duncan says that 3/4 of a million tons is doable at this time…
Price of graphite of CCB's quality is up to $15,000.00 per ton…
Lets say we have .5 million or 500,000 tons… and lets say the selling price is $10,000.00 per ton just to be conservative…
500,000 times $10,000. = $5,000,000,000. ebitda
Thats a lot of money especially when the price of extraction is negligible!! No wonder Bruce Duncan is so high on the property!!
He is not concerned about a 43 101. he just wants to start digging and measure as he goes.