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Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications

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Message: Re: the new PEA
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Feb 05, 2019 11:40AM

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Feb 06, 2019 11:06AM

As for the resource estimate,I doubt that it had changed much since there was no proof that JJ was asked to do any further in-fill drilling on the Albany property by the old management.I don't think there is going to make any difference if we include the high end graphene into the new annual production calculation.it should bring us much more than $7500 per ton even if we use the underground mining method and had the production rate cut down by half of the projected 30,000 tons per year.At this rate, the mine will last for decades even if we use the Wittled resource estimate. The real mystery here will be:how much is our graphene worth and how much will the companies be willing to pay.

I presume that the new team already had an understanding of the estimate before finalizing the new PEA. 

 

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