HXG 8.70% 2.1¢ hexagon energy materials limited

that omf valuation, page-16

  1. 1,774 Posts.
    TTG, appreciate you highlighting the fact that people have mined there since 1986 and only been able to find fine flake when in fact a higher quality flake was right under their noses, meaning they could have avoided having to invest all that money into infrastructure required to convert their product into something marketable. if only they could have their mine back now after seeing lmbs results.......hmmmmmmmm.

    so back to my original point which you chose to skip over, can you please elaborate on how an announcement on the assay results with no mention of the size distribution of the flake other than under the 'Phase 1 Drilling Program" heading where it says,

    "MLA analyses of flake graphite in the primary zone at Geumam by Actlab Laboratories, Canada, confirm that the flake graphite is relatively fine grained with maximum flake
    diameters averaging from 40 to 60 µm"

    leads you to believe that the natural flake is of a quality capable of being sold for $3,000 per tonne and 80% gross margin?

    Unless you're claiming that the PRIMARY zone is in fact not the target and so then it's the SECONDARY? TERTIARY? that's the prime (excuse the pun) target? and so then why would you choose to waste time and space on commenting on the observations in the zone you are not interested in, and totally neglect to make comment on the zone you ARE interested in?

    damn confusing....... but it doesn't have to be!


 
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