Re: Resource Estimate
in response to
by
posted on
Dec 20, 2014 11:54AM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
The genereal feeling is it might be but that would be dependant on (a) the mine plan (b) the selling price and (c) the cost.
The 1.4 Million tonnes was seen as conservative in the 43-101 but really no one is looking at this number - it is the cost and selling price that everyone wants to see.
At the current resource, that is 20 years at 70,000 tonnes per year. Anything more than that does little to the NPV.